Buy-In Management Buy-Out

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Buy-In Management Buy-Out

Also called a BIMBO. A situation in which both the current managers of a company and one or more outside investors collectively purchase a controlling interest in the company. A BIMBO is thought to give the new owners both the experience of the current management and new ideas from the outside investors.
References in periodicals archive ?
In the month since it opened Miss Bimbo, which is aimed at girls aged from nine to 16, has attracted 200,000 members.
More than 200,000 girls in Britain have signed up for Miss Bimbo since it was launched a month ago.
Juan Muldoon, president of Bimbo Bakeries USA--Mrs Baird's parent company since 1998--says the true impact will be felt down the road.
By then, she had changed lawyers, and taken all those "potentially embarrassing depositions from bimbos" we had warned him about.
From this Stewart concludes that the decision not to run was motivated by a fear of "bimbo eruptions," as campaign aide Betsey Wright described them for posterity.
Middle Aged Bimbos, however, should not really be too concerned about what other people think of them.
She adds: "The problem is that women who play up to the bimbo image make a rod for other women's backs.
Even if Clinton's guilty in the hotel oral-sex incident, we get him off the hook; his handlers proclaim his vindication and the lack of "legal" merit in his accuser's case; most people will think he really has been found innocent; a jury of their peers will never get to decide what actually happened between Bill and Paula in that hotel room; we avoid unseemly comparisons to Nixon and accusations about being above the law; the state troopers don't get to tell their pandering stories under oath; Bill's bimbos stay in the closet; and we head off with our fees to the bank.
Jon Roseman, a failed showbiz agent, who earned his living through the work of his clients, including "bimbos" such as Fern Britton, Jill Dando and Claudia Winkleman, now makes a living writing vicious stories about some of them.
And on the big screen, she plays a dumb blonde in Mother and has another bimbo role in the up- and-coming Romy And Michelle's High School Reunion.