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This article presents a general overview of leveraged buyouts, relating their feasibility as an option for hospitality management. Specifically, the author explores the background and main features of leveraged buyouts, focusing attention on their risks and rewards, management's opportunities, tax ramifications, planning, and future outlook. Denny's leveraged buyout is examined in order to provide an insight into the structuring of a buyout for a major food service firm.
Moncarz, Elisa S.
"Leveraged Buyouts: Opportunities and Risks,"
Hospitality Review: Vol. 3
, Article 2.
Available at: http://digitalcommons.fiu.edu/hospitalityreview/vol3/iss2/2