BIMBO (Buy-In Management- Buy-Out)
A combination of an MBO and MBI. In a BIMBO, the in-house managers buy in to the company they manage, and invite outside managers to join their team and run it as a new independent business.
Say that, Company A and B compete each other and have their own management: Company A managers and Company B managers. Company A managers suddenly come up with buying their own company (A) and invite Company B managers to run it as a new independent Company C.
If Company A and B owners are emotional, they will be sad, damaged and heartbroken. However, they can still go out together and find some BIMBOs with their money from selling their companies to their managers.
BIMBO:
a young woman who likes to go out with rich and powerful older men.
BIMBO
Posted by
Anymatters
12 May 2006
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