LBOs in M&A?

Hi,

I’m in preparation for an internship in M&A. For that I’m reading Rosenbaum/Pearl which I can only recommend so far. However, I was wondering if it would be advisable to initially skip the chapters on LBOs and rather study Trading-/Transaction Comps, DCF, as well as Buy- and Sell-Side M&A.

Would you recommend being familiar with LBOs when it comes to M&A?

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