A---------- is the acquisition of a company or division of another company, financed with the substantial portion of borrowed funds.
A)Leveraged buyout
B)Rehabilitation finance
C)Corporate finance
D)Institutional finance

Question

Quizplus · Accepted Answer

A leveraged buyout (LBO) is a financial transaction in which a company is acquired using a significant amount of borrowed money to meet the cost of acquisition. The assets of the company being acquired and those of the acquiring company are often used as collateral for the loans.

A---------- Is the Acquisition of a Company or Division of Another