Pension Plans: Terminations, Asset Reversions, and Replacements Following Leveraged Buyouts

Highlights

Pursuant to a congressional request, GAO reviewed what happened to the 558 defined pension plans of 121 public companies acquired in leveraged buyouts (LBO).

Full Report

Full Report (14 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Retirement Security

AssetsCorporationsEmployee benefit plansFinancial managementFringe benefit costsPensionsRetirement benefitsPension planFinancial conditionEmployee retirements