A Leveraged Buyout Refers To

Multiple Choice

A leveraged buyout refers to:

A) a firm restructuring itself by selling off unrelated units of the company's portfolio
B) a firm pursuing its core competencies by seeking to build a top management team that comes from a similar background
C) a restructuring action whereby the managers of a firm, its employees and/or an external party buy all of the assets of a business, financed largely with debt, and take the firm private
D) an action where the management of a firm and/or an external party buy all of the assets of a business, financed largely with equity