What is the difference between a management buyout and a


1. Define the financial concept of leverage. Describe how leverage may work to the advantage of the LBO equity investor? How might it work against them?

2. What is the difference between a management buyout and a leveraged buyout?

3. What potential conflicts might arise between management and shareholders in a management buyout?

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Financial Management: What is the difference between a management buyout and a
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