The activists play the balance sheet by selling a division...
The activists play the balance sheet by selling a division to buy back stock and leveraging the balance sheet and buying back more stock.
![Nelson Peltz Quote About Activists, Balance, Buy, Buying, Division: The Activists Play The Balance...](http://qt.azureedge.net/resources/quotes-images-large/the-activists-play-the-balance-sheet-by-selling-a-division-to-buy-back-stock-and-fe1757479cfded319d2b73a014813e87.jpg)
The activists play the balance sheet by selling a division to buy back stock and leveraging the balance sheet and buying back more stock.