It’s time to say goodbye to Pizza Hut.
Private Equity has already taken our happy places like Red Lobster, Toys R Us, Joans’s, etc.
You can’t hate them enough.
Yaa, red Lobster’s food absolutely tanked over the years, welcome to the motto of “cheapest slop for the quickest return.”
They ruined Whataburger.
Those who run private equity firms don't eat patronize their own stores or restaurants.
And such firms don't buy them to run them, they buy them to carve them up, sell off the assets, and move onto the next dying company.
They just don't like the term "vulture" or "dung beetle" but they do serve a needed function.