1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sergejj [24]
3 years ago
8

If the employees of San Simeon Company successfully borrowed a large sum of money and purchased the firm from its current owners

, we would call this event a(n) ___________.
Business
1 answer:
schepotkina [342]3 years ago
7 0

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.

You might be interested in
What is the effect of import restrictions on prices? They often cause prices to rise steeply and then drop. They cause prices to
Lostsunrise [7]

Answer:

They cause prices to rise.

3 0
2 years ago
The ________ adopted an elaborate form of interest arbitration, known as the Experimental Negotiating Agreement, in the 1970s as
Sergio039 [100]

The United steelworkers of America adopted an elaborate form of interest arbitration, known as the Experimental Negotiating Agreement, in the 1970s as a means of avoiding the long and costly strikes that had made the industry vulnerable to foreign competition.

When two or more parties must decide together yet have differing preferences, they try to negotiate a compromise. In order to strike a compromise when you and the other side have both similar and divergent interests, you and the other side must communicate back and forth.

The United Steelworkers is a general trade organization with members all over North America. It represents workers in the steel, paper, rubber, manufacturing, energy, and allied industrial and service sectors.

Learn more about  United steelworkers of America here brainly.com/question/16996777

#SPJ4

4 0
2 years ago
is the person responsible for the business value of the project and for deciding what work to do and in what order when using a
Romashka-Z-Leto [24]

Answer:

product owner

Explanation:

The Scrum method is a framework for developing, delivering, and sustaining complex products in many fields of including research, sales, marketing and advanced technologies as seen below. In this methodology, the individual responsible for the business value of the project and for deciding what work to do is the product owner. This individual is usually the project's key stakeholder which gives him the responsibility of providing the vision of what the product should ultimately be to the rest of the team..

4 0
3 years ago
A customer tells you that they “must have” a particular item that you are out of in your store. You can tell that the customer i
saul85 [17]
Tell them to wait patiently, and give them a
drink
7 0
3 years ago
Read 2 more answers
Baylor Bank believes the New Zealand dollar will appreciate over the next 15 days from $.90 to $.93. The following annual intere
maw [93]

Answer:

19 milion 86+15=91 19000091

5 0
2 years ago
Other questions:
  • Dextra Computing sells merchandise for $6,000 cash on September 30 (cost of merchandise is $3,900). Dextra collects 5% sales tax
    14·1 answer
  • The county supervisor is considering building a community pool and has gathered data on how much residents are willing to pay. H
    7·1 answer
  • Your company will generate $67,000 in annual revenue each year for the next seven years from a new information database. if the
    14·1 answer
  • Alfred lost his 3 year old camera. It cost him​ $200 three years ago and had a life expectancy of 6 years. Alfred has actual cas
    10·1 answer
  • When the author, eric foner, uses the term 'unfree labor,' he refers to those persons who were performing work, not for free as
    7·1 answer
  • At Westco Company, a mission statement is presented to all new employees promoting the philosophy that all departments depend on
    8·1 answer
  • If interest rates fall in the USA relative to the rest of the world the demand for US dollar will ________ because there is less
    12·1 answer
  • An electronics company makes communications devices for military contracts. The company just completed two contracts. The navy c
    7·1 answer
  • What societal force was in place in mainstream American culture until the 1960s that resulted in separation of people along raci
    15·1 answer
  • Select the appropriate response
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!