Pioneered by Malcolm McLean in the 1950s, what does the acronym LBO stand for in the context of stock trading ?

The Leveraged Buyout is defined as the acquisition of a company using a significant amount of borrowed money to meet the cost of acquisition. Occurring in 1955, the first leveraged buyout is commonly thought to have been the purchase of Pan-Atlantic Steamship Company by McLean Industries.

Asked by Tom Cohen · Last updated 5 years ago · 1.9K views