Those without a home to sell or family obligations keeping them in the Detroit area are almost certain to head elsewhere immediately.
“I figured I can take a chance. I’m 28, single — I can go wherever I want,” said Jessica Krul, who worked in purchasing at Chrysler for two years and turned in her buyout papers a week ago.
Bear Buyout Arm Ready to Fly Solo
Bear Stearns Merchant Banking, the private-equity arm of the fallen investment bank, is expected to announce Thursday that it will spin out into an independent company.
The term rolling stock originally referred to any vehicles that move on a railway. It has since expanded to include the wheeled vehicles used by businesses on roadways. It usually includes both powered and unpowered vehicles, for example locomotives, railroad cars, coaches, and wagons
- The purchase of the entire holdings or interests of an owner or investor.
- The purchase of a company or business: “If the workers do approve the buyout, their company will become the nation's largest employee-owned enterprise” (Harry Anderson).
A buyout is an investment transaction by which an entire company or a controlling part of the stock of a company is sold. A firm "buys out" a company to take control of it. A buyout can take the form of a leveraged buyout, a
The term may apply more generally to the purchase by one party of all of the rights of another party with respect to an ongoing transaction between the two. For example, an employer may buy out an employee's contract by making a single prepayment, so as to have no ongoing obligation to employ the person. A landlord may buy out the remainder of a tenant's lease, effectively paying them to vacate. Contracts may have an explicit buyout provision setting forth the terms or price. In the alternative the matter may be negotiated by the parties. If the entire operation is not purchase, the remainder is referred to as a stub.