Comment Comment by fasteo >>> should-be-illegal process of putting debt on the acquired company's balance sheetThis is a basically a leveraged buyout (LBO). All private equity works this way. Yes, it should be illegal, or at least heavily limited.I highly recommend this book: "Plunder: Private Equity’s Plan to Pillage America" parent fasteo 6 months ago
This is a basically a leveraged buyout (LBO). All private equity works this way. Yes, it should be illegal, or at least heavily limited.
I highly recommend this book: "Plunder: Private Equity’s Plan to Pillage America"