Reverse Leveraged Buyout The action of offering new shares to the public by companies that initially went private through past LBOs. Investopedia Says: Companies undergoing a reverse LBO are attempting to obtain cash in order to reduce their debt to more manageable levels. This debt may have been from operating activities or from the company's previous LBO. Related Terms: Capital Gearing Debt Employee Buyout - EBO Leveraged Buyout - LBO Leveraged Loan Stock |