Yes that interest shouldn't be tax deductable. The limit on share buybacks being expensible needs to return at least for these leveraged buyouts. And debt aquir

Yes that interest shouldn't be tax deductable. The limit on share buybacks being expensible needs to return at least for these leveraged buyouts. And debt aquired for leveraged buyouts and debt used for share repurchase needs to be moved far down the bankruptcy priority tree.