Business assets
Q1
In a leveraged buyout (LBO), the target company's assets are used as collateral for debt, and its cash flow is used to ..... debt accrued by the buyer to acquire the company.
(*) absolve
(*) assume
(*) restructure
(*) retire
In a leveraged buyout (LBO), the target company's assets are used as collateral for debt, and its cash flow is used to ..... debt accrued by the buyer to acquire the company.
(*) absolve
(*) assume
(*) restructure
(*) retire
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