3 ms·
so then, why did the board of directors decide to put it up for sale? Whenever these stories about buyouts occur, it is framed as the buying company being the
by platz 9y ago
so then, why did the board of directors decide to put it up for sale?
Whenever these stories about buyouts occur, it is framed as the buying company being the agent who has decided the future. e.g.
> if Bain, KKR, and Vornado had never come along
Why does no-one ever mention the board of directors who decide to put it up for sale?
Are they not the true agents in this story?
> Toys 'R' Us wouldn't be doing stellar, but it probably could've muddled through.