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LBO

(FINANCE) leveraged buy-out; when a takeover artist like Kohlberg Kravis Roberts & Co (KKR) arranges to borrow huge amounts of money at high interest, buy a controlling interest in a corporation, and then replace the management so its more profitable. The new profits then pay off the cost of buying the company.

Usually a takeover artist requires a vehicle corporation to carry out an LBO. For example, T. Boone Pickens used Mesa Petroleum against Union Oil in the 1980's.

by Sorry, the good guys lost September 2, 2010

29👍 5👎


LBO

Lay Bitchez Out

Ready to LBO during tonight's game?

by jaydawg3000 November 15, 2009

10👍 14👎


LBO

Meaning Lets Bang out

LBO is a gaming clan on PS3

dude LBO is the best clan ever

by LBO_KILLJOY May 16, 2009

3👍 12👎