As she did so, Stacy noted that the tire had been a recap—a tire created by gluing a new outer portion of tread onto the worn inner core of old tires.

With that in mind, here is an attempt to provide an overview of what's happening where, as well as a recap on some of the major announcements that have taken place in the past few months.

A survey of private equity firms found that most firms are comfortable with a debt/equity ratio of 4:1 following a dividend recap.

Are recapped tires safe? This is obviously the thing to know before you consider buying recaps.

Recap

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