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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

management buyout

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Another business in Bridgend-based furniture group Christie Tyler has been acquired in a management buyout. Christie Tyler was put into administration earlier this summer, in a move blamed on tough competition in the UK marketplace from low- cost-produced imported furniture.
In summary, the management buyout market will continue to recover as there is a rich vein of entrepreneurial management teams keen to develop and evolve their businesses.
Mr Khan believes that this was an extremely creditable performance under the circumstances of the management buyout, the disposal of the Durham operation and trading conditions that are generally accepted through the trade as probably the toughest in recent memory.
Broomfield and Alexander's director of corporate finance, Seamus Gates, said, 'We were delighted to be closely involved with this sizeable management buyout.
The management buyout team was headed by Nitesh Sakhrani, who has been chief executive for ten years.
Mr Smith declined to comment on the value of the management buyout but said it would help the business to achieve "ambitious growth targets," which include plans to expand throughout Scotland.
Politicians said they were disappointed the deal collapsed but expressed hope that a management buyout would save the 300-year-old mill.
They said: "After many years devoted to the company, it's a fantastic opportunity to be able to successfully complete this management buyout.
Shortly after completing the management buyout, Mann Lake acquired Kelley Beekeeping, based in Clarkson, Kentucky, from Frandsen Corp.
AN education company which provides vocational learning programmes has undergone a management buyout.