In finance parlance WHAT IS LEVERAGED BUYOUT?
Answer:
A LBO, or leveraged buyout, is a way to take a company private.
Say you have a publicly-traded company. But management believes that the market is seriously under-valuing the company and that the company could be worth more if it were private.
Management, or a consortium of other individuals, then borrow large sums of money from investment banks (this is the "leveraged" part - anything with leveraging involves debt/borrowing) and use it to buy out all current shareholders and retire the shares, thus becoming the sole owners of the company. Other Questions and Answers: