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Bain Capital strikes again

Mitt Romney’s company was famous for buying out good American companies, saddling them with debt, then selling them off after all the jobs were destroyed.

https://uk.reuters.com/article/uk-toys-r-us-bankruptcy/toys-r-us-preparing-for-possible-bankruptcy-filing-sources-idUKKCN1BR00K

 

Buyout firms KKR & Co LP (KKR.N) and Bain Capital LP, together with real estate investment trust Vornado Realty Trust (VNO.N), took Toys ‘R’ Us private for $6.6 billion in 2005. The deal saddled the company with debt, limiting its ability to revamp its stores and make online shopping easier.

By AFarooqui

I write about the dichotomies present in religion, gathered mostly from discussions with average Jews, Christians, Muslims and atheists.

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