Generally, the plan by the “private equity” groups is to loot the company and then bankrupt it wiping out the other shareholders.
Should be at least 3 years before the Chapter 11 gets filed.
Generally, the plan by the “private equity” groups is to loot the company and then bankrupt it wiping out the other shareholders.
Should be at least 3 years before the Chapter 11 gets filed.
Is that why they are often referred to as Vultures?