3 ms·
Bain capital, the same ones who killed Toys R US, bought them out with a loan. Extracted the loan money and turned it into debt saddled onto the victim company
by kevin_b_er 9y ago
Bain capital, the same ones who killed Toys R US, bought them out with a loan. Extracted the loan money and turned it into debt saddled onto the victim company. Bain made a bunch of money and iHeart now magically has a bunch of debt. Free money for Bain and iHeart dies. Same story as Toys R US.