Thread regarding J. Crew Group Inc. layoffs

Debt from the takeover

  1. Crew, another company taken down by a private equity takeover. It should be against the law to put the debt from a takeover onto the company being taken over.
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| 761 views | | 1 reply (May 5, 2020) | Reply
Post ID: @OP+14OWLh0E

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True. Many thousands of workers will lose their jobs, towns will lose sales revenue, but the private equity investors make millions. These guys are destroying our towns and middle class.

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Post ID: @cbm+14OWLh0E

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