Exam (elaborations)
M&I Guide LBO Model Questions & Answers(RATED A+)
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1. What is a leveraged buyout, and why does it work? - ANSWER -In a leveraged buyout (LBO), a private equity firm acquires a company using a combination of Debt and Equity, operates it for several years, and then sells the company at the end of the period to realize a return on its investment. -...
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