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High-Yield Bonds Were Used for Actual or Threatened Leveraged Buyouts

Question 14

Multiple Choice

High-yield bonds were used for actual or threatened leveraged buyouts of Fortune 500 companies. Negative consequences of these takeovers or attempted takeovers include all of the following except:


A) diversion of assets from company improvement to save the company.
B) bankruptcy avoidance.
C) downsizing.
D) layoffs.

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