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Once the planned objectives have
been met, it is time to step down and take on another challenge.
Normally, the exit is plannned to happen in some 3-7 years' time
from the investment, according to the exit plan agreed upon before
the agreement was closed.
The exit can be carried out
in many ways: an initial public offering, a management buy-out
or buy-in (MBO, MBI), a sale of the entire company or a sale-back
to the original owners are all known exits. |