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From: MDBG CC-CEDICT Chinese-English Dictionary 漢英字典

 管理層收購 [ㄍㄨㄢˇ ㄌㄧˇ ㄘㄥˊ ㄕㄡ ㄍㄡˋ; guan3 li3 ceng2 shou1 gou4]
 management buyout (MBO)