杠杆收购是指公司运用财务杠杆,主要通过借款筹集资金,并用收购后目标企业的资产和未来现金收入来担保和偿还收购中的借款而进行的收购活动。换言之,收购公司不必拥有巨额资金,只 Leveraged buyout refers to the acquisition by the company using financial leverage to raise funds through borrowings and to secure and repay the borrowings in the acquisition with the assets and future cash income of the target company after the acquisition. In other words, the acquisition company does not have to have huge amounts of money, only