Carlyle Group's revision of its deal for Symantec Corp.'s Veritas last week made waves throughout the leveraged buyout industry. Bankers, lawyers and private equity partners are wondering whether other transactions, such as Vista Equity Partners' $6.5 billion acquisition of Solera Holdings Inc., may be rewritten with a lower price. Ropes & Gray partner Steven Rutkovsky explains why the market for deals with a lot of debt has suddenly become somewhat weak. In addition, Bloomberg reporters David Welch and Jennifer Surane take apart Johnson Controls's proposed takeover of Tyco International -- the latest deal that allows a company to shed its U.S. corporate citizenship in search of lower taxes overseas.
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