Leveraged Buyouts 101: How LBOs Actually Work
How buyout funds use debt to acquire companies — the capital stack, IRR math, value-creation levers, and when LBO math breaks.
How buyout funds use debt to acquire companies — the capital stack, IRR math, value-creation levers, and when LBO math breaks.
GameStop’s $10.9B company is targeting eBay at $56B. We break down the deal math — and why Wall Street is deeply skeptical about the financing.
GameStop is reportedly preparing a bid for eBay. With eBay worth $46B and GME holding $9B in cash, we break down the capital markets math behind Ryan Cohen’s boldest move yet.