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Question
Which of the following transactions does NOT meet the legal definition of a highly leveraged transaction (HLT)?
A. A buyout that increases debt from $100 million to $150 million resulting in a 55 percent leverage ratio.
B. A recapitalization that increases debt from $100 million to $250 million resulting in a 55 percent leverage ratio.
C. An acquisition that increases debt from $100 million to $250 million resulting in a 65 percent leverage ratio.
D. An acquisition that increases debt from $100 million to $150 million resulting in an 80 percent leverage ratio.
E. An acquisition that results in an 80 percent leverage ratio.
Answer
This answer is hidden. It contains 1 characters.
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