South Florida Arbitration & Litigation Lawyer Blog
Leverage Buyout (LOB) – Florida Breach of Contract and Fraud – Commercial and Business State and Federal Court Litigation Attorney:
A Leverage Buyout (LOB) is the takeover of a company using leverage. Frequently, the target company’s assets act as security for the loans taken out by the acquiring firm, which repays the loan out of cash flow of the acquired company. Management of the target company may use this technique to retain control by converting a company from public to private. A group of investors may also borrow money from banks or other sources, using their own assets as collateral, as part of the takeover. In almost all leveraged buyouts, public shareholders receive a premium over the current market value for their shares.
Please keep in mind that the information provided in this post is for educational purposes only. It is not designed to be complete in all material respects. Thus, it should not be relied upon as legal or investment advice. If you have any questions concerning the contents of this post, you should consult with a qualified professional.
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