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# In a leveraged buyout, investors borrow huge sums of money

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SVP
Joined: 03 Feb 2003
Posts: 1603
Followers: 8

Kudos [?]: 164 [0], given: 0

In a leveraged buyout, investors borrow huge sums of money [#permalink]

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05 Nov 2003, 06:47
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0% (00:00) correct 100% (00:28) wrong based on 1 sessions

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In a leveraged buyout, investors borrow huge sums of money to buy companies, hoping to pay off the debt by using the company’s earnings and to profit richly by the later resale of the companies or their divisions.

(A) by using the company’s earnings and to profit
(B) by using the companies’ earnings and by profiting
(C) using the companies’ earnings and profiting
(D) with the company’s earnings, profiting
(E) with the companies’ earnings and to profit
Manager
Joined: 08 Aug 2003
Posts: 87
Location: Moscow, Russia
Followers: 1

Kudos [?]: 9 [0], given: 0

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05 Nov 2003, 07:11
E

hoping to pay ..... and to profit

That leaves A and E

A is out because of "company's" (in the beginning of the sentence it was "companies")
[#permalink] 05 Nov 2003, 07:11
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# In a leveraged buyout, investors borrow huge sums of money

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