1, according to Daoke Baba's inquiry, there are different ways: leveraged buyout is to obtain a large amount of funds through loans and other forms, and the financing cost is relatively high; Cash acquisition usually uses the company's own funds for acquisition, and the financing cost is relatively low.

2. Different risks: The purchase price of a leveraged buyout enterprise of tens of millions or even billions of dollars is obtained through borrowing, which makes the enterprise bear huge financial risks. The cash acquisition does not involve borrowing, and the financial risk is relatively low.

3. Different time periods: Because leveraged buyouts usually need to raise a large amount of debt funds, the financing time is long, and it may take months or even years to complete the acquisition. Cash acquisition is usually faster, and it is easier for enterprises to complete the acquisition.