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

(ˈliːvərɪdʒd)
n
(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


n.
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 ?
More impressive still has been Turley's approach to running a leveraged buyout chain--one that, while emphasizing the management of cash flow according to classic leveraged buyout rules, has also kept Eckerd aggressive and responsive both to its customers and to changing marketplace conditions.
This month's column discusses consensuses reached by the FASB Emerging Issues Task Force EITF or task force) concerning accounting for changes to fixed employee stock option plans resulting from an eqity restructuring, and concerning allocating basis to individual assets and liabilities acquired in certain leveraged buyout transactions.
said, "We would like to thank the Dura-Line management team for the great contribution that they have made to the success of our leveraged buyout funds and wish them every success with Audax Group.
announced that it provided Riverlake Partners, LLC, a private equity buyout fund focused on traditional manufacturing industries, acquisition financing to complete its leveraged buyout of the Decorative Systems Division of Pressac plc, a UK-based public company.
two of the nation's largest leveraged buyout funds, are weighing a bid for Polygram NV, the giant music company, several people close to the discussions said Tuesday.
Lewis' leveraged buyout of TLC Beatrice International in 1987.
25 billion leveraged buyout, according to a report from the independent examiner appointed by bankruptcy court in Ohio, where the chain is in Chapter 11 proceedings.
com/reports/c51227) has announced the addition of Structuring a Successful Leveraged Buyout Transaction - The Over-Arching Issues You Need to Know (Executive Reports) to their offering.
Levy, also from South Africa, is a leveraged buyout specialist who acquires and manages operating companies for a number of international partnerships.
The new unit will focus on midsize transactions ($50 million to $1 billion), including: all aspects of mergers and acquisitions; divestitures and corporate spin-offs; joint ventures and alliances; leveraged recapitalizations; debt and equity refinancing; management, employee and leveraged buyout strategies; fairness opinions; and restructuring advisory services.
But it ignored the megaplex boom, partly because it was saddled with interest payment on debt from its $680 million leveraged buyout in 1992 from cable giant Tele-Communications Inc.
Leonard Green, the 20-year veteran of the leveraged buyout industry who founded the privately held investment company last year, notes that Carr-Gottstein is a "premier" company with a long track record of steady growth.