The proposed recapitalization will use new debt to pay big dividends some shareholders in exchange for a reduction in their voices. This will result in a highly leveraged financial structure and negative equity owners. Students can trace the impact of the proposed loan and payments. Forum to discuss leverage and its uses and meanings of justice negative owners. "Hide
by William J. Bruns Jr., Julie H. Hertenstein, Susan S. Harmeling, Maria Addonizio Source: Harvard Business School 10 pages. Publish date: November 8 1990. Prod. #: 191 084-PDF-ENG
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