Typically, a leveraged buyout will O not increase common shares, increase long-term debt, increase interest expense, create an additional tax- shield.. increase common shares, increase long-term debt, increase interest expense, create an additional tax-shield. not increase common shares, increase long-term debt, will not increase interest expense, will not create an additional tax-shield. O increase common shares, will not increase long-term debt, will not increase interest expense, will not create an additional tax-shield