Yup.
In plain language, folks: A leveraged buyout is when you borrow money to buy a company, buy the company, then put that debt on the newly-purchased company's books. If/When your newly-bought company fails, it takes your debt with it, and you get to walk away. This is what did in Toys 'R' Us.
Leveraged buyout is some class A rich people bullshit.
"I'd like to buy this company"
"How are you going to pay for it?"
"WIth the company I want to buy"
"Fine"
What the gibbering fuck is that all about?
