A common technique used during the 1990s was to wait for favorable periods in the stock market to sell a portion of the LBO's equity to the public. The proceeds of the issue would be used to repay debt, thereby reducing the LBO's financial risk.

Question

Quizplus · Accepted Answer

This statement accurately describes a common technique used during the 1990s for reducing financial risk in LBOs.

A Common Technique Used During the 1990s Was to Wait