We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Leveraging shareholder value

10 February 2006

Look at US IT services firm, ACS. It is borrowing $3.3bn to buy back 45% of its shares after talks to sell to private equity fell through. While leveraged recaps of public firms can create value, there s a risk companies will overpay for their stock.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)