Topic: Barbarians At The Gate

1 chapters across the catalog

Sorocracy
Episode 852 39:50 - 43:40

852: Sorocracy

Leveraged Buyouts, Publishing Industry Consolidation

A discussion on the mechanics of leveraged buyouts (LBOs) explains how companies use a target's own assets to finance its purchase, often leading to price hikes and pension fund depletion. The consolidation of the computer book publishing industry by Pearson is used as a primary example of this business model. The film "Barbarians at the Gate" is referenced as a classic depiction of LBO culture.