The $ 4.9 billion Thompson leveraged buyout of Southland Corporation in 1987. As the founders of Southland, Thompson was concerned about losing control of the company to learn about the acquisition of interests Belzberg's family. The teaching objectives: to study the characteristics of the candidate LBO, to study the dynamics of the process of corporate governance when insiders substantial shareholders, and therefore serve as both the buyer and the seller, and to assess the cash flow LBO and use them to analyze the behavior of trading. "Hide
by Richard S. Ruback, Elizabeth H. McNair Source: Harvard Business School 20 pages. Publication date: April 15, 1991. Prod. #: 291038-PDF-ENG
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