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The holdings of buyout firms have risen in value, bolstering their management fees.
The eyes, and cash piles, of buyout barons may have grown too big for their stomachs.
Alternatively, the parties could settle it as part of buyout negotiations.
Last year, about 200 employees took advantage of buyout offers, he said.
Shares of buyout firms that have gone public, like the Blackstone Group, have been battered badly.
In the case of buyout firms, that means with as little equity as possible.
These sectors have been the traditional hunting ground of buyout firms, particularly manufacturing.
In 2006, a group of buyout shops bought the company for $10 billion, adding $1.67 billion in debt.
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Bankers estimate as much as $40 billion of buyout-related debt is in the pipeline.
Kinder Morgan's initial public offering comes as a parade of buyout-owned companies are either selling shares to the public or lining up to do so.
Last week, DealBook highlighted Orbitz's slumping stock as the kind of thing that gives ammunition to critics of buyout-backed initial public offerings.
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