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17-02-2022
Business

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Miniature Precision Corporation, a microprocessor manufacturer, recently acquired Cameron-Price, a plastics mold manufacturer. Miniature Precision financed the transaction with 90 percent borrowed money and used Cameron-Price's assets as collateral. This type of merger is commonly known as a(n):

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OlanmaE OlanmaE

23-02-2022

The type of merger that commonly Miniature Precision Corporation processed is known as a: Leverage Buyout.

What is Leverage Buyout?

Leverage buyout is a form of merger acquisition in which the purchaser takes on some debt from the assets of the company being purchased. It is believed that he will settle the debt from any profits that will be acquired in the future.

This is the kind of merger that Miniature Precision Corporation processed.

Learn more about Leverage buyout here:

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