Question

Before he executes his exit strategy, Arthur should:

a. understand why he wants out.

b. make sure his heirs approve his exit strategy.

c. find a hobby to occupy his time.

d. plan his budget based on the sudden inflow of cash.

Match the term with its definition.

a. Build-up LBO

b. Business broker

c. Bust-up LBO

d. Double taxation

e. Employee Stock Ownership Plan

f. Harvesting

g. Initial public offering

h. Leveraged buyout

i. Management buyout

j. Opportunity cost of funds

k. Private equity recapitalization

l. Seller financing

Answer

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