Leveraged Buyout (BYO) Definition: How It Works With Example.
Leveraged Buyout (BYO) Definition: What It Is and How It Works. Is an LBO a merger? An LBO is a type of merger, but not all mergers are LBOs. In an LBO, a private equity firm buys a majority stake in a company using a combination of debt and equity. The firm then restructures the … Read more