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Leveraged Buyouts in 2026: How the Math Works, Where Returns Come From, and What Breaks Them
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Leveraged Buyouts in 2026: How the Math Works, Where Returns Come From, and What Breaks Them

How leveraged buyouts work in 2026: capital structure, a worked LBO with return attribution and stress tests, the interest deduction limit, and why deals fail.

Jan 20, 20269 min read