Analysis: Banking turmoil takes the leveraged out of the buyout
Private equity firms that acquired companies since the banking crisis started on March 8 have funded the deals mostly with their own funds, a departure from traditional leveraged buyouts that reflects their struggle to secure cheap debt.
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### Instruction: Analysis: Banking turmoil takes the leveraged out of the buyout

### Response: Private equity firms that acquired companies since the banking crisis started on March 8 have funded the deals mostly with their own funds, a departure from traditional leveraged buyouts that reflects their struggle to secure cheap debt.