Bilgel, Süheyl2017-10-092017-10-092017-102017-102017-10-09http://hdl.handle.net/11693/33800Cataloged from PDF version of article.Includes bibliographical references (leaves 41-43).This thesis investigates whether and how target shareholders benefit in leveraged buyout deals in which the target is a public company and the acquirer is a private equity firm. We conduct an event study and run cross sectional regressions of cumulative abnormal returns (CARs) on various firm characteristics. Target CARs average 21.17% in the 3-day event window surrounding the announcement of leveraged buyout transactions. Regression results indicate that CARs decrease with target firm size.ix, 50 leaves ; 29 cmEnglishinfo:eu-repo/semantics/openAccessEvent StudyLeveraged BuyoutPrivate EquityThesisB021367