Question: In 2 0 1 3 , Michael Dell, the founder and CEO of Dell Technologies, paid $ 2 5 billion to take the company private.

In 2013, Michael Dell, the founder and CEO of Dell Technologies, paid $25 billion to take the company private. After the sale, Michael Dell owned 75% of the company. This is an example of what type of sale?
a. a leveraged buyout (LBO)
b. a bust-up leveraged buyout (LBO)
c. a management buyout (MBO)
d. a buildup leveraged buyout (LBO)
In 2 0 1 3 , Michael Dell, the founder and CEO of

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