1. Define management buyout. What are its advantages? Explain.
2. What are the prerequisites that need to be built in the business to have effective flotation strategy for exit?
3. Identify two sick companies as per the definition of non-SSI sick companies. Analyse their financials to identify the root cause of their sickness. Under which category of sickness, namely, born sick, becomes sick or made sick, would you classify these two companies. Justify your answer.
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