# What happened to leverage buyouts?

Back in the 1980s leveraged buyouts were a common event. Financiers like T. Boone Pickens would borrow money, buy a controlling interest in a publicly traded stock and then re-engineer the company, for example, by selling it off in pieces.

This activity seems to be a thing of the past. I assume some law was passed to prevent leveraged buyouts. What was the cause of the demise of leveraged buyouts?

• Half of your last 20 questions have been answered. Have you considered accepting any of the answers yet? So far (Sep.5th/16) no answers have been accepted. – Giskard Sep 5 '16 at 6:33
• Taking 5 minutes to Google "leveraged buyout" I have found a 2014 instance of a leveraged buyout and 2016 July plans to do more, so perhaps all is not as it "seems". – Giskard Sep 5 '16 at 7:18
• @denesp I know they still occur, but it seems that they occur much less frequently than in the 1980s. – Lassie Fair Sep 5 '16 at 8:56
• "it seems" $\neq$ statitics – Giskard Sep 5 '16 at 9:42
• denesp ≠ spelling – Lassie Fair Nov 8 '16 at 13:08