Callahan Auto Parts has experienced declining sales and continues to struggle with high debt levels in recent years. Ray Zalinsky, the owner of Zalinsky Auto Parts is considering buying Callahan. He plans to borrow the money, pledging the extensive Callahan assets as collateral. By selling off less productive segments of the business and integrating operations into his own company, Ray expects to gain a significant profit. This strategic move would be an example of a:

	a.	Cross Border Alliance
	b.	Vertical / Related Acquisition
	c.	Leveraged Buyout
	d.	Joint Venture `