Wednesday, January 2, 2013

Madison Dearborn Returns Record $3.3 Billion to Clients - Bloomberg

Madison Dearborn Returns Record $3.3 Billion to Clients - Bloomberg: "“Experience has shown time and again that the economic benefit of high leverage and cheap debt is rarely retained by the buyer, and is almost always paid over to the seller in the form of higher purchase prices, a pattern which was repeated in 2012,” the firm, which has $12 billion under management, said in the letter."

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