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But rapid recapitalization is likely to be required.
A leveraged recapitalization is therefore far from certain.
A recapitalization is a fancy term that means the rejiggering of a company's capital structure.
Europe's latest recapitalization is not like the stress tests of July.
A coordinated bank recapitalization is "not only obvious but indispensable," Mr. Barroso said in Brussels.
Whether governments have the legal authority to require recapitalization is in question.
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That initial recapitalization was necessary.
In response, shareholders could argue that the PIPE and leveraged recapitalization were intended to prevent a takeover or shareholder activists from influencing the company.
The Financial Times reported on Tuesday that the talks over Yahoo were "fluid" and that a leveraged recapitalization was only one of a possible number of transactions being discussed.
On Tuesday, after a meeting of European Union finance ministers in Luxembourg, Mr. Barnier said that although bank recapitalization was proceeding, there was no need for new measures.
The mandatory recapitalization was one of the main achievements of European leaders' summit meeting that ran into the early hours Thursday in Brussels.
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