In ______, a single investor or group of investors buys, with the help of borrowed money, the outstanding shares of a publicly traded company and assumes control of it.

Question

asked Sep 2, 2023 131k views

1 Answer

Vinayak Phal · Answer 1 · 2023-09-07T17:09:23+0000

Answer:

A leveraged buyout

Step-by-step explanation:

A leveraged buyout (LBO) is when one company attempts to buy another company, borrowing a large amount of money in order to finance the acquisition.