Exam (elaborations)
LBO Model Questions & Answers(RATED A+)
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What is an LBO? - ANSWER A leveraged buyout is the acquisition of a company using debt instruments as the majority of the purchase price. Pros: 1. Valuation is realistic as it does not require synergies to achieve. Cons: 1. Ignoring synergies could result in an underestimated valuation. 2....
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