News Pick - Apollo Said to Be Near Deal to Buy El Paso Oil Exploration Unit

Leveraged Buyout, Spin Off, Split Off, Takeover etc. are not only key terms but critical concepts. They have been discussed in several LOS of the CFA Level II Curriculum. A basic introduction of Leveraged Buyout (LBO) is part of the Level I curriculum but spin off, split off, takeover, friendly and hostile etc. are explained in the Level II curriculum. How these terms can be connected with the real world happenings can be experienced through this Bloomberg Story written by Cristina Alesci

Read: http://www.businessweek.com/news/2012-02-24/apollo-said-to-be-near-deal-to-buy-el-paso-oil-exploration-unit.html