Leveraged buyouts (LBOs)occur when a firm's managers,generally backed by private equity groups,try to gain control of a publicly owned company by buying shares in the company using large amounts of borrowed money.

Name: Leveraged buyouts (LBOs)occur when a firm's managers,generally backed by private equity groups,try to gain control of a publicly owned company by buying shares in the company using large amounts of borrowed money.
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This is a correct definition of leveraged buyouts (LBOs).

Leveraged Buyouts (LBOs)occur When a Firm's Managers,generally Backed by Private