The strategy of investors who are attempting a leveraged buyout is to:
A) shape up the firm for quick resale.
B) use debt to finance the purchase or buyout the firm's stockholders and gain control of the firm themselves.
C) secure ownership of all of the existing stock in the firm by issuing and selling large amounts of new stock.
D) use investment tax credits from the government to acquire all of the physical assets owned by the firm.
Correct Answer:
Verified
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