The existing literature has tended to portray the IPO is the “preferred” exit route. However, our analysis suggests this is mistaken: private equity funds take advantage of ‘windows of opportunity’, and the exit route that maximizes value varies with market conditions....
26 Modelling the Dodd-Frank Act's antitrust savings clause on the Trinko clause indicates a legislative attempt to combat the effects of Billing by precluding immunity. Antitrust considerations are addressed elsewhere in the Dodd-Frank Act. The Insurance Bill contains its own antitrust savings ...