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I thought Toys-R-Us went under because private equity firms that bought it stood to make more money that way. Probably if it had remained an independent company
by stevenwoo 8y ago
I thought Toys-R-Us went under because private equity firms that bought it stood to make more money that way. Probably if it had remained an independent company it would still be around.
https://theweek.com/articles/761124/how-vulture-capitalists-ate-toys-r https://theweek.com/articles/761124/how-vulture-capitalists-...
https://www.theatlantic.com/magazine/archive/2018/07/toys-r-us-bankruptcy-private-equity/561758/ https://www.theatlantic.com/magazine/archive/2018/07/toys-r-...
- toast0 8y agoToys R Us going under was essentially guaranteed when it was sold to private equity firms, it was simply a question of when and how. Everyone involved in the transaction knew that at the time of the sale. The question for the sellers was, given that I know this ship is going to end up on the beach, should I run it there myself and try to give it a soft landing, or should I sell it and let someone else take it into the shore full steam ahead.