If a company that was acquired in a secondary buyout get sold to another financial sponsor is called a ----------- buyout.
A)Primary
B)Secondary
C)Tertiary
D)Management buyout

Question

Quizplus · Accepted Answer

When a company that was already acquired in a secondary buyout gets sold to another financial sponsor, it is referred to as a tertiary buyout. This indicates it is the third time the company is being bought out, following the initial (primary) and secondary buyouts.

If a Company That Was Acquired in a Secondary Buyout