Leveraged Management Buyout

Leveraged Management Buyout

A tactic in which the senior management of a publicly-traded company borrows heavily to buy all of the company's shares outstanding. A leveraged management buyout gives the management complete control of the company and allows it to operate without recourse to shareholders. Most management buyouts are leveraged. It is a form of going private.
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This leveraged management buyout was completed together with the private Austrian investment company Industrieliegenschaftenverwaltung AG (http://www.
The fate of Ethel Austin is an alarm call for everybody, particularly those businesses, which - like Ethels - are owned through a highly leveraged management buyout.
These include the leveraged management buyout of Glass Systems Limited, the sale of Unit Superheater Engineering Limited and last month's sale of 27 Innkeeper Wales pubs and hotels to the Cardiff brewer SA Brain.
Danish and Dutch processors are thought to be in the running, although a leveraged management buyout is also a possibility.
Last week's resignation of Best Buy's founder Richard Schulze gave rise to the rumors of a leveraged management buyout, although Schulze did not formally announce his intent regarding his 20% stake in the company.
Truffle Venture and MoMac, a provider of mobile platforms for media companies with headquarters in The Netherlands, today announced the completion of a leveraged management buyout.
com, the largest online sportsbook and casino on the planet, today announces its successful leveraged management buyout of sportsbook.
designer and manufacturer of innovative niche market display devices, today announced that its Board of Directors had approved the sale of the Company's Wintron Technology division located in Howard, Pennsylvania through a leveraged management buyout transaction.
The figures represented the fourth year of independent trading for Accantia, which was formed from a leveraged management buyout from pharmaceutical giant Smith & Nephew.
TA Associates, with IMI's current management team, acquired a majority interest in IMI from its founder in 1997 in a leveraged management buyout.
Semiconductor Components Group (SCG), which announced a leveraged management buyout from Motorola Semiconductor Products Sector in May, is the world's leading supplier of analog, logic and discrete components with shipments in 1998 totaling 15 billion products.