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LBO with Personal Guarantee and Tesla shares as security is strong.
by funshed 4y ago
LBO with Personal Guarantee and Tesla shares as security is strong.
- chernevik 4y agoYou're mixing terms. "Leveraged buyout" is really a term of art referring to a purchase largely financed by debt issued by the purchased company. It only works with well established businesses with really reliable revenue streams. If the business fails, the debts go unpaid. I would be surprised if Twitter could raise as much as 10% or 20% of its own purchase price.