https://united4respect.org/wp-content/uploads/2019/07/Pirate-Equity-How-Wall-Street-Firms-are-Pillaging-American-Retail-July-2019.pdf
4 replies (most recent on top)
true enough, but Staples was not in deep do do. It had an enviable $$ flow and almost zero debt before the rape & pillage by SP.
The article starts by stating Private Equity owned retail is twice as likely to go bankrupt. Well no sh– sherlock. It got bought because it was in deep do do to begin with. Many times these purchases do little more than extend the inevitable. So it is with Staples.
yeah I remember that reply, something to the effect that gummint regs would actually benefit these pirates by letting them become too big to fail, BTW all in all that is a great article, thanks @10lpn1c9
gotta wonder why the previous reply was nuked??? no names, no threats nothing that would warrant its' removal. Guess the MOD didn't agree with the politics, really shameful.