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[2023-08-15] Is Private Equity Intentionally Bankrupting The Companies It Buys?
Morning Brew
Is Private Equity Intentionally Bankrupting The Companies It Buys?
Thursday, August 15, 2024
Through a controversial tactic nicknamed “asset stripping”, private equity buys companies and pushes them to the brink of bankruptcy. But this strategy is much more nuanced than the bad rap that precedes it.
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