Did you practice Leverage buyout (L B O) as a financial tool in your real business life? give an example.

A leveraged buyout (LBO) is the acquisition of another company using a significant amount of borrowed money to meet the cost of acquisition.

I didn't practice leverage buyout but I studied it :-

A leveraged buyout (LBO) is the acquisition of another company using a significant amount of borrowed money to meet the cost of acquisition if my yearly net income is 1 Million dollar i cane buy asset by this amount and make a new company and borrow 9 million dollar as loan

The assets of the company being acquired are often used as collateral for the loans this will be useful to increase the cash and deduct the tax income