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by robertlagrant 968 days ago
Sorry - the owners would do a leveraged buyout of what?
1 comments

Their own company, using a handful of additional investors.

Or they'd sell to other investors, who are using a leveraged buyout, in order to get a better selling price than they would have otherwise. Meanwhile the new investors would take enough in income to cover the amount they put down, plus some, and then the company would eventually fail because it had too much debt.