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LSDefine

Simple English definitions for legal terms

MBO

Read a random definition: contractus bonae fidei, vel stricti juris

A quick definition of MBO:

Term: MBO

Definition: MBO stands for Management Buyout. This means that the managers of a company buy the company from its current owners. It's like when you and your friends pool your money together to buy a toy that you all want to play with. In this case, the managers are pooling their money to buy the company they work for.

A more thorough explanation:

Definition: MBO stands for Management Buyout. It is a type of buyout where the current management team of a company purchases a controlling stake in the company from its existing owners. This allows the management team to take control of the company and run it as they see fit.

Example: Let's say that XYZ Corporation is owned by a group of investors who are looking to sell their shares. The current management team of XYZ Corporation decides to pursue a management buyout and purchases a controlling stake in the company. This allows them to take control of the company and make decisions without interference from outside investors.

Explanation: The example illustrates how a management buyout works in practice. The current management team of a company decides to purchase a controlling stake in the company from its existing owners. This allows them to take control of the company and run it as they see fit, without interference from outside investors. This can be a good option for management teams who believe that they can run the company more effectively than the current owners or who want to take the company in a different direction.

MBE | MC

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Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
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