When I see a venture capital company take a company like Walgreens private I can’t help but wonder if Walgreens will be raped and pillaged, stores will be closed, real estate will get sold off, and the profits will be squeezed out and eventually the entire thing will be gone.
I don’t wonder, I expect.
That is exactly what will happen.
Venture Capitalists?
Corporate Raiders...................
“When I see a venture capital company take a company like Walgreens private I can’t help but wonder if Walgreens will be raped and pillaged, stores will be closed, real estate will get sold off, and the profits will be squeezed out and eventually the entire thing will be gone.”
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That’s absurd. Why would the VC buy it then? Even if they did, Walgreens doesn’t supply a service or product that one can’t easily get somewhere else.
Walgreens has been closing stores left and right already. Too much competition.