management buyout

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Related to management buyout: leveraged buyout

Management buyout (MBO)

Leveraged buyout whereby the acquiring group is led by the firm's management.

Management Buyout

The act of the senior management of a publicly-traded company buying all of the company's shares outstanding. A management buyout gives the management complete control of the company and allows it to operate without recourse to shareholders. A management buyout is usually heavily leveraged and is a form of going private.

management buyout

References in periodicals archive ?
So the management did a management buyout to secure the continuation of trade and the job security.
The management buyout has been led by finance director Luke Cartwright, managing director Maxine Jones and operations director Phil Walters who will continue to run the business.
Seabrook, which was formed in 1945 by Charles Brook and his son Colin, will continue to be led by chief executive Johnathan Bye, who led the management buyout team.
The largest management buyout so far this year was of Rivo Software, a company which develops computer software in the West Midlands.
There were many interested parties but they pulled gradually out, as a result of which a management buyout remained the only option.
ACI benefitted from a management buyout in 2003, when the current management team purchased the company.
The leader of the management buyout team released a bullish statement on Friday insisting that LDV could be saved followed doubts earlier in the day that any buyout deal could be reached.
Intensive talks over the company's future which went on throughout the weekend failed to secure a breakthrough, but the leader of the management buyout team said he was "hopeful" a solution would be found.
Erik Eberhardson, who is leading the management buyout, said important steps would be taken over the next few days to ensure the success of the management buyout, which has to take place to secure the funding of the business.
But the impact of aggressive debt pricing following the credit crunch was clear in the second half of 2007, with only one pounds 100m plus deal - the pounds 255m management buyout of Wigan-based Ainscough Crane Hire.
Kaneda told a news conference that the management buyout will also help strengthen the company's overseas operations.