Pursuits
LBO Comeback Nears as PetSmart Leads Busy Two Months: Real M&A
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Leveraged buyouts may be back in vogue.
In a year when merger activity was dominated by companies combining with one another, private-equity deals have started to make a small comeback. The 12 LBOs announced since the start of November -- from PetSmart Inc. to Riverbed Technology Inc. -- marked the busiest two-month period for such transactions since 2010, according to data compiled by Bloomberg.