Greystone Group is looking to purchase Heartland Hotels, Inc. Greystone plans to use $5 million in cash and finance $20 million in order to complete the purchase. Greystone is confident they can turn Heartland's business around and repay the $20 million from profits earned from the hotel. This is an example of a
A. horizontal merger.
B. conglomerate merger.
C. hostile takeover
D. vertical merger.
E. leveraged buyout.
Answer: E
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