Monday, July 9, 2007

Moody's questions private equity buyout approach

(Reuters) - Private equity firms and their use of debt to achieve high
returns have come under the microscope in recent months as LBO
deal sizes have grown ever larger and politicians, unions and
investors have raised concerns.




"The current environment does not suggest that private
equity firms are investing over a longer term horizon than do
public companies, despite not being driven by the pressure to
publicly report quarterly earnings," Moody's said.


Read more at Reuters.com Bonds News

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