"Leveraged buyout". I.e. borrow cash to buy out a company, using the company's own assets as security for the debt. Gotta love these innocuous sounding financia

"Leveraged buyout". I.e. borrow cash to buy out a company, using the company's own assets as security for the debt. Gotta love these innocuous sounding financial engineering terms. Barbarians at the Gate is a classic business book about such a case (the takeover of RJR Nabisco).