A management buy-in (MBI) occurs when a manager or a management team from outside the company raises the necessary finance, buys it, and becomes the company`s new management. A management buy-in team often competes with other purchasers in the search for a suitable business. Usually, the team will be led by a manager with significant experience a....
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http://en.wikipedia.org/wiki/Management_buy-in
When a management team from outside a company acquires more than 50% of the company, so they become the majority shareholders, and then manage the company themselves
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http://www.encyclo.co.uk/local/22643
The purchase of a company by outside investors who bring with them a new set of... <a target=_blank href='http://www.finance-glossary.com/terms/management-buy-in.htm?id=1709&ginPtrCode=00000&PopupMode=false' title='Read full definition of management buy in'>more</a>
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Purchase of a troubled company by investors who offer a new set of managers.
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