When an entrepreneur sells his or her company to its managers, this exit strategy is called ________.

Name: When an entrepreneur sells his or her company to its managers, this exit strategy is called ________.
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Selling a company to its managers is known as a management buyout. This type of exit strategy allows the entrepreneur to sell their company to key employees who already have a deep understanding of the business, which can ensure a smooth transition of ownership.

When an Entrepreneur Sells His or Her Company to Its