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 a party buys all of the assets of a business, financed largely with debt, and takes the firm private.
D) an action where the management of the firm and/or an external party buys all of the assets of a business financed largely with equity.