The Defense of Private Equity Includes All of the Following

Short Answer

The defense of private equity includes all of the following points except:
a. While private equity results in job cuts, the same might happen if targets were acquired by public firms.
b. It would not be rational for private buyers to destroy their prize therefore they attempt to avoid doing that.
c. Their record as corporate citizens is no more barbaric than that of public firms.
d. They point to a Texas utility in which owners paid shareholders a 25% premium, gave retail customers a 10% price cut, and dropped plans to build eight dirty coal-fired power plants-hailed by environmentalists as a major victory.
e. The actions of U.S. private equity firms have enhanced the image of the U.S. and capitalism around the world.