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The management of the Frickel Frontier Freight Company wants to make the company private by borrowing money and using the proceeds of the loan to
The management of the Frickel Frontier Freight Company wants to make the company private by borrowing money and using the proceeds of the loan to purchase the shares of the company in the market. Management believes they can increase revenues enough to be able to pay off the loan. What type of loan is management getting? Term business loan Revolving credit financing Long-term project loan Leveraged buyout Syndicated loan
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