A Method of Acquisition in Which the Acquiring Firm Exchanges

question 173

True/False

A method of acquisition in which the acquiring firm exchanges its debt for shares of the target company according to a predetermined ratio is called a leveraged buyout.

---

Definitions:

Breathed In

The act of inhaling air or other gases into the lungs.

Twice Daily

A term used to indicate that a medication or treatment should be administered two times in a 24-hour period.

Abbreviation

A shortened form of a word or phrase used to simplify writing and speaking.

Transdermal

Through the skin.