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funkiiee funkiiee
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A ________ occurs when someone purchases a company's publicly-traded stock primarily by using borrowed funds, sometimes using the target company's assets as collateral for these loans.

▸ leveraged buyout

▸ hostile takeover

▸ forced joint venture

▸ consolidation

▸ strategic alliance
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Business in Action


Edition: 9th
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sharonfaith31sharonfaith31
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leveraged buyout

A leveraged buyout (LBO) occurs when someone purchases a company's publicly-traded stock primarily by using borrowed funds, sometimes using the target company's assets as collateral for these loans.

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