alt Hacker NewsIs it still "private equity" if a public company takes a loan to buy another public company?
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andruby • today at 1:38 PM
OP is just saying that PE uses the same playbook, not that this move is "private equity".
Is it still "private equity" if a public company takes a loan to buy another public company?
OP is just saying that PE uses the same playbook, not that this move is "private equity".
It's still an LBO, in effect borrowing against the target to get control of it.