Which of the following occurs when a group within a corporation,usually management,buys all outstanding corporate stock held by the public?
A) An asset purchase
B) A leveraged buyout
C) A management buyout
D) A corporate buyout
E) An illegal buyout

Question

Quizplus · Accepted Answer

A leveraged buyout (LBO) occurs when a group within a corporation (usually management) buys all outstanding corporate stock held by the public.

Which of the Following Occurs When a Group Within a Corporation,usually