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bust-up takeover - 2 dictionary results
| bust-up takeover | |
noun | |
| a leveraged buyout in which the target company's assets are sold to repay the loan that financed the takeover |
WordNet® 3.0, © 2006 by Princeton University.
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bust-up takeover
- The acquisition of a firm in which the acquiring company sells certain assets or segments of the target firm in order to raise funds and repay the acquisition debt. Such a takeover is most often undertaken when the target firm has a significant amount of undervalued assets and the acquiring company has little cash.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott.
Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
Cite This Source
Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
Cite This Source
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