Meaning of “management buyout” in the English Dictionary

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"management buyout" in Business English

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management buyoutnoun [ C ]

uk us abbreviation MBO

FINANCE, WORKPLACE the situation in which a company's senior managers buy the company that they work for, or enough shares in it to get control of it:

The group yesterday confirmed it was still in talks which could lead to a management buyout.

(Definition of “management buyout” from the Cambridge Business English Dictionary © Cambridge University Press)