A wolf in sheep's clothing?

摘要

Hicks, Muse Tate & Furst; Kohlberg, Kravis Roberts & Co.; Thomas H. Lee Partners; Forstmann Little. These once-feared names of the leveraged buyout era now are investing large amounts of capital in telecom companies. But unlike the 1980s—when these private equity firms thrived on the financial thrill of buying troubled companies, gutting the management team and preparing them for sale, roll-up or even liquidation—today they claim to be strategic investors with a higher purpose.