有关MBO的英语资料

A management buyout (MBO) is a form of acquisition where a company's existing managers acquire a large part or all of the company.

Overview
Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company, and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most basic warranties to the management, on the basis that the management know more about the company than the sellers do and therefore the sellers should not have to warrant the state of the company.

In many cases the company will already be a private company, but if it is public then the management will take it private.

Some concerns about management buyouts are that the asy