Examlex
Match each term with the appropriate definition.
-FASD
Leveraged Buyout (LBO)
A takeover-resistance strategy in which a group within the target corporation buys all the corporate stock held by the public, thereby turning the company into a privately held corporation.
Outstanding Corporate Stock
Shares of a corporation that have been issued and are currently owned by shareholders.
Articles of Incorporation
Legal document filed with a governmental body to legally establish a corporation, detailing its structure, purpose, and regulations.
Certificate of Organization
A legal document filed with a state government to officially form a limited liability company (LLC) within that state.
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