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Toy-R-Us had a business that was doing quite well. Their downfall was a result of a leveraged buyout of which they couldn't afford the debt payments. If there
by Simon_says 8y ago
Toy-R-Us had a business that was doing quite well. Their downfall was a result of a leveraged buyout of which they couldn't afford the debt payments. If there were no LBO, they would still be in business today.
- drtillberg 8y agoSomething similar could be said for most of the failed-business stories noted. They were picked clean by vulture investors, bloated with debt, and sent floating down the river. Sears for sure.