Buyin management buyout (BIMBO)


A form of leveraged buyout in which the bidding team comprises members of the incumbent management team and externally hired managers, often alongside a third-party private equity investor.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Historical Cost Accounting Convention

An accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!

Create your free portfolio