This, theythink, will both increase thevalue of the firm in just the way it would under private-equityownership, and remove one of the mainincentives for private equity to buy.
That means that we have covered our excess of imports over exports in value terms by increasing our foreign debt, broadly defined to include equityownership as well as traditional debt in the form of bonds, bank balances, and the like.
The 10 below have the most equity (enterprise value less debt) in their sports teams based on their ownership stakes in their MLB, NBA, NFL and NHL teams.
Income, asset and credit documentation requirements are rigorous, having a second mortgage or a Home Equity Line of Credit, condo or co-op ownership or unrealistic value expectations can add unforeseen land mines to the refinancing process.