LBO
often a form of Management Buy Out/MBO, other times a (hostile) take-over
to take a Publicly Held corporation private (to Privately Held), by borrowing lots of money from the debt markets (Debt Financing) (that's the "leveraged" part)
the source of the Junk Bond model
Michael Jensen https://hbr.org/1989/09/eclipse-of-the-public-corporation
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