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buy out

Meaning: to buy somebody's share of a company or a partnership in order to take control of it

For example:

  • buy sb out Many workers weren't happy when a group of new investors bought the majority shareholder out and took control of the company.

  • buy out sb My sister wants to buy out my share of the family business.

Quick Quiz:

Mike and Pete were partners in a small plumbing business until Mike bought Pete out. Now
  1. Pete owns the business
  2. Mike owns the business
  3. they both own the business

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