In a leveraged buyout, the managers of a firm, its employees, or other investors
A) move the company elsewhere and start over.
B) obtain the assets of the company through bankruptcy proceedings.
C) borrow funds to buy out the firm's stockholders.
D) negotiate a merger with another firm to create a conglomerate.

Question

Quizplus · Accepted Answer

A leveraged buyout is an attempt by employees, management, or a group of investors to use borrowed funds to buy out the existing owners of a firm.

In a Leveraged Buyout, the Managers of a Firm, Its