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With M&A Scarce, 1Q LBO Loan Volume Totals Tepid $26B LBO activity continues to disappoint in the leveraged finance markets, especially compared to hopes of a willing institutional investor base with lots of cash to put to work. Loan activity backing leveraged buyouts during the first quarter totaled $26 billion, and much of that comes from one deal: Berkshire Hathaway's $28
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