What is Management buyout?
'''Management buyout''' is when a company's [[manager]]s buy a large part or all of a company. They may buy from private owners or from a parent company. Management and leveraged buyouts were a [[phenomenon]] of the 1980s. Leveraged buyouts use borrowed money.<ref>Simkovic, Michael 2011. Leveraged buyout bankruptcies. ''Columbia Business Law Review'' (1): 118.</ref> The [[venture capital]] industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the [[UK]], the [[Netherlands]], and [[France]]. == References == {{reflist}} [[Category:Finance]] [[Category:Management]]