Kaito is the CEO of Henson and Fukui Consulting Inc.Kaito's efforts to persuade the board of directors to pursue a new business strategy fail.He borrows money from different sources and purchases all the outstanding shares of Henson and Fukui Consulting.What does this scenario best exemplify?
A) buyback
B) merger
C) leveraged buyout
D) initial public offering
Correct Answer:
Verified
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