A leveraged buyout occurs when a group of investors using borrowed money, often raised with high yield bonds or other kinds of debt, takes control of a company.
These buyouts are usually hostile takeovers, and if they are successful, the investors will usually start to sell off assets to pay down the substantial debt they have incurred.
Yahoo Finance - Cite This Source - This Definition
- Incorporation, STRIPS, Treasuries, Working capital
All > Business > Finance > Personal Finance