7 ms·
The usual arrangement for an LBO is to saddle the bought company, the vet in this example, with the debt,or spin off a secondary company from the vet with the p
by CapitalistCartr 6mo ago
The usual arrangement for an LBO is to saddle the bought company, the vet in this example, with the debt,or spin off a secondary company from the vet with the poorest assets and most to all of the debt. It's all a scummy business.
- gowld 6mo agoThen why is everyone complaining "my vet sucks now" and not "my vet went out of business"?
- Buttons840 6mo agoBecause the vet does suck now, and yet is still profitable because there's not enough competition.