最主要的原因是公司几乎不可能被收购，因此管理层能够抵御外部投资者的压力。
The chief reason was that it could resist pressure from outside investors, because it is almost impossible to take over.
本文通过对管理层收购相关理论以及T公司管理层收购外部环境和内部条件进行分析，以寻求T公司实现管理层收购的最佳途径。
Based on the theories and t MBO of external environment and internal conditions are analyzed to find the best way to achieve t management buyouts.
管理层收购(MBO)作为杠杆收购的一种，在实施的过程中需要大量的外部资金。
To be one kind of leveraged buy-outs (LMO), there need a greet deal of external funds during the course of implement.
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