leveraged buyout

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lev·er·aged buyout

 (lĕv′ər-ĭjd, lĕv′rĭjd)
n. Abbr. LBO
The use of a target company's asset value to finance the debt incurred in acquiring the company.

leveraged buyout

(Banking & Finance) a takeover bid in which a small company makes use of its limited assets, and those of the usually larger target company, to raise the loans required to finance the takeover. Abbreviation: LBO

lev′eraged buy′out

the purchase of a company with borrowed money, using the company's assets as collateral, and often discharging the debt and realizing a profit by liquidating the company. Abbr.: LBO
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.leveraged buyout - a buyout using borrowed money; the target company's assets are usually security for the loan; "a leveraged buyout by upper management can be used to combat hostile takeover bids"
bust-up takeover - a leveraged buyout in which the target company's assets are sold to repay the loan that financed the takeover
buyout - acquisition of a company by purchasing a controlling percentage of its stock
References in periodicals archive ?
The leveraged buy-out that saw the Glazer family taKe over Manchester United has left the club with debts of pounds 514m and fans staging angry protests.
TWINSBURG, Ohio--Was the 1986 leveraged buy-out of Revco D.
With Revco, an organization with a huge debt load caused by a leveraged buy-out, stores and facilities couldn't service the debt load because each wasn't able to keep up with sales projections for the 1980s that were created in the 1960s.
He showed his audience that in 2007 leveraged buy-out deals across Western Europe were worth around [ETH]140bn, but last year they came in at under [ETH]5bn.
The UK - the equity market has been affected by signs that the leveraged buy-out boom is over but the market appears to be stabilising.
The team of Cooper and Baker have handled some of the largest and most complex transactions in real estate investment banking, including most recently the leveraged buy-out of Bell Atlantic's real estate investment subsidiary and the formation of a private UPREIT as the successor company.
Proskauer's experience includes: public and private mergers and acquisitions; public securities offerings, including IPOs; venture capital and fund transactions, including formation of private equity funds and leveraged buy-out funds, and investments by institutional and private investors; private placement of securities and private financing; and leveraged buy-outs and structured finance.
The Fund's flexible investment strategy incorporates leveraged buy-outs, shared-control opportunities, and special situations, targeting investments between USD 25 million and USD 150 million.
Flannery, 55, began his career at GE Capital in 1987 where he focused on evaluating risk for leveraged buy-outs.
I want to be in private equity and get into leveraged buy-outs as it sounds so exciting.
Opus' Merchant Banking division focuses on providing capital and advisory solutions to middle market companies for mergers and acquisitions, growth capital, leveraged buy-outs, recapitalisations, and balance sheet restructurings.
She has developed particular expertise representing private equity sponsors in leveraged buy-outs and dispositions.