Dell (if it happens) is just the start of an LBO boom, according to a group of P-E honchos holding court at Davos. With debt cheap, companies trading at reasonable multiples, and investors dying for yield, the pieces are in place. "There is so much money chasing yield," says Scott Minerd; $10B of debt entering the market from a Dell deal would be like spitting in the ocean.
Dell (if it happens) is just the start of an LBO boom, according to a group of P-E honchos...
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