THE CORPORATE CONTROL MARKET
The corporate control market is a market in which investor/management teams buy and sell corporations and compete for control of a company. Narrowly defined, the corporate control market is a corporate takeover market in which mergers, acquisitions, hostile takeovers, leveraged buyouts (LBOs), and management buyouts (MBOs) take place. A broader definition includes a variety of other organizational restructuring events that are related to attempts by one team or another to retain or get control of a company. These events include divestitures, spin-offs, and initial public offerings (IPOs).
WHY A CORPORATE CONTROL MARKET?
Consider LeisurePark Enterprises. LeisurePark has two lines of business: ...