How does a LBO or leveraged buyout work, what is the collateral for the debt the acquirer

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How does a LBO or leveraged buyout work, what is the collateral for the debt the acquirer needs? How does a successful takeover often become a "busted takeover"? Remember Richard Gere's profession in the movie, Pretty Woman.

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Management

ISBN: 9780324316797

4th edition

Authors: Chuck Williams

Posted Date: Jan 11, 2021 09:23 PM

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How does a LBO or leveraged buyout work, what is the collateral for the debt the acquirer

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A leveraged buyout occurs when a company is acquired using debt as the main source of acquisition Normally common in private equity firms who borrow f... View the full answer

Management

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