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management buyout

   Also found in: Financial, Wikipedia 0.03 sec.
management buyout
n
(Business / Commerce) the purchase of a company by its managers, usually with outside backing from a bank or other institution Abbreviation MBO


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Plans for a management buyout were detailed at a mass meeting at the plant today.
Plans for a management buyout were being detailed at a meeting today which will also be attended by trade union officials.
A year later, as a member of Reichhold's executive team and senior VP for global coatings, Biddle was part of the management team which put together the management buyout of the company from DIC, making him an owner of the company.
 
 
 
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