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Benzinga
Benzinga
Entertainment
AJ Fabino

FOUND: 11 largest leveraged buyouts of all time - You Need To See This

Michael Dell NYSE Blackstone Group

A leveraged buyout is simply defined as the purchase of a controlling share in a company by its management using outside capital.

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk took billions in leveraged loans to take control of Twitter Inc (NYSE:TWTR) with funding from banks such as Barclays PLC (NYSE:BCS) and Bank of America Corp (NYSE:BAC), marking the transaction — $44 billion — as the largest leveraged buyout of all time, by more than $12 billion as compared to TXU Energy.

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