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Whats the difference between leverage buyout and buyout?

April 26, 2017buyout difference leverage

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Whats the difference between leverage buyout and buyout?

1 Answer

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10 Posted

Circuit City Stores Inc., which has lost market share to Best Buy Co. Inc. and continues to report disappointing sales, received a $3.25 billion cash buyout offer from a Boston investment firm known for rattling management at underperforming companies. The nation’s No. 2 chain of consumer electronics stores said Tuesday that its board of directors will “carefully evaluate” the unsolicited offer from shareholder Highfields Capital Management LP, which contends it has a plan for reversing Circuit City’s fortunes. Click here to read more on this news.