leveraged buyout

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Related to Leveraged takeover: Management buyout

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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

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
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Fingers are being pointed at executive vice-chairman Ed Woodward for a poor recruitment policy - and at the Floridabased Glazer family, who are reviled by United fans for draining more than PS1billion out of the club since their highly controversial leveraged takeover almost 14 years ago.
Fingers are being pointed at A-executive vice-chairman Ed Woodward for a poor recruitment policy - and the Florida-based Glazer family, who are reviled by United fans for draining more than [pounds sterling]1billion out of the club since their highly controversial leveraged takeover almost 14 years ago.
Out of Europe in the group stage, Roy Keane booted out, Ruud van Nistelrooy quickly following, sponsors Vodafone making a quick exit, a club ladened with debt following the Glazer family's leveraged takeover.
Hated by significant sections of the United support, who they antagonised with their heavily leveraged takeover in 2005, the Glazer family have tended to shy away from publicity.