Question: Question 1 8 ( 1 point ) Due to several years of poor performance, Stanley's Metal Manufacturers, Inc., is closing. Through the use of debt
Question point
Due to several years of poor performance, Stanley's Metal Manufacturers, Inc., is
closing. Through the use of debt financing, Stanley's workers plan to purchase the
company's stock from current shareholders in order to buy the company, improve
performance, and save jobs. This is called a leveraged buyout.
True
False
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