We would call this event a <u>leveraged buyout (LBO)</u>.
<u>Explanation:</u>
A leveraged buyout is the attempt of buying a company primarily through borrowing. This purchasing involves combination of both equity and debt. The funds borrowed are used to buy out the stockholders in the company. The employees, managers, or investors now become the owners of the firm. The firm is taken private, when the managers buy all of the stock of the firm and take it off the open market.
In the above scenario, the employees of San Simeon company purchases the firm from their current owners by borrowing large sum of money.
Answer:
D
Explanation:
The Answer is Commerce
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Answer:
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Answer:
B
Explanation:
<u>The two major examples of expansionary fiscal policy are tax cuts and increased government spending. Both of these policies increase aggregate demand while contributing to deficits or drawing down of budget surpluses. They are typically employed during recessions or amid fears of one.</u>
Answer:
True
Explanation:
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