Which of the following led to the end of private equity dominated merger activities in 2008?
A) Concern about hostile take overs
B) The continued response to the terrorist attacks of September 11, 2001
C) A general increase in the rate of globalization
D) A lack of availability of financing

Question

Quizplus · Accepted Answer

The lack of availability of financing, particularly due to the subprime mortgage crisis, led to a decrease in the level of private equity acquisitions and mergers in 2008. Without access to cheap debt, private equity firms were unable to finance large deals, leading to a reduction in their activity.

Which of the Following Led to the End of Private