reverse leveraged buyout - Investment & Finance Definition

The process of turning a privately owned company, or former division of a company, that previously had been a publicly traded company back into a publicly traded company. The leveraged buyouts of the 1980s turned many publicly owned companies into private companies that were saddled with a large debt to pay for the buyout. Once those debts were repaid, the owners of the company were able to increase returns by taking the company public again.