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What is a buyout?

What is a buyout? Here are some definitions.

Noun
  1. (finance) The acquisition of a controlling interest in a business or corporation by outright purchase or by purchase of a majority of issued shares of stock.
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And if shareholders believe a board is biased toward the interests of management, a buyout proposal can quickly founder.
The weakness in the stock was blamed on investor uneasiness about a looming leveraged buyout by a management-led group, the column said.
Under the act, some agricultural quotas will be involuntarily eliminated under a 10-year buyout program.
It's the latest twist in a 20-year battle that began when Houston financier Charles Hurwitz bought the company in a 1986 leveraged buyout.
To be sure, debt carries significant tax benefits, is cheaper than equity, and provides more value to stockholders in a leveraged buyout.
There has been heavy trading in Siebel shares on rumours of takeover or management buyout.

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