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Marketplace says that Bain and KKR still made money off of the deal. https://www.marketplace.org/2018/03/06/business/toys-r-us-and-how-retail-downturn-story-ab
by metabagel 9y ago
Marketplace says that Bain and KKR still made money off of the deal.
https://www.marketplace.org/2018/03/06/business/toys-r-us-and-how-retail-downturn-story-about-debt https://www.marketplace.org/2018/03/06/business/toys-r-us-an...
"The private equity firms’ investors haven’t made money off this deal. But the firms themselves have. It’s unclear where Vornado ended up. But after collecting fees from Toys R Us, Bain and KKR each took home at least $15 million."
- harryh 9y agoThat says they earned revenue, not a profit. They did not earn a profit.