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Managers buying their businesses. (Business & Finance).

Adhesives Age,  March, 2003  by Stephen Einhorn

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MANY MANAGERS or management teams have sat in their offices and thought, "If I owned this business, I would..." For these managers, a management buyout (MBO) may be something to consider. Management buyouts represent an opportunity for a manager or a management ream to expand on their knowledge of a business and demonstrate their entrepreneurial spirits, while acquiring a substantial equity position in their own company.

Since MBOs usually rely significantly on financing vehicles to accomplish the transaction, the ...