A Leveraged Buyout Refers to

question 56

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 buy all of the assets of a business financed largely with equity.

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Definitions:

Vestibular Canal

A part of the inner ear that contributes to the body's sense of balance and spatial orientation.

Organ of Corti

The structure within the inner ear of vertebrates that contains receptor cells that sense sound vibrations.

Tectorial Membrane

The roof membrane of the organ of Corti in the cochlea of the ear.

Basilar Membrane

The multicellular tissue in the inner ear that separates the cochlear duct from the tympanic canal; the sensory cells of the organ of Corti rest on this membrane.