Multiple Choice
There was a surge in "leveraged buyouts" in the 1980s. This means:
A) That buyers used legal action and other means to "leverage out" poor CEOs
B) That acquirers bought firms, and let it be known in advance that the previous management would be "leveraged out"
C) That the acquirer used the future value of the acquisition as security to borrow the money to buy the company
D) All of the above
Correct Answer:

Verified
Correct Answer:
Verified
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