Comment by djohnston

I have a question someone can hopefully help me answer. I've heard this narrative for many years now - private equity buys a company and drives it to shit. Recently it was PE firms buying all the vets in an area. If that's indeed the case, wouldn't it make sense to hold out because eventually you'll get all the customers? Like, if there are 10 vet offices in the county, and PE firms buy 8 of them, over time won't everyone end up flocking to the 2 that held out?