3 ms·
If anyone is thinking investing, I'd be mindful of what they themselves call "substantial debt obligations" ($8.5B). They were bought by Hellman & Friedman, a P
by boh 7y ago
If anyone is thinking investing, I'd be mindful of what they themselves call "substantial debt obligations" ($8.5B). They were bought by Hellman & Friedman, a PE firm, in 2014, who will retain controlling shares. PE firms tend to buy companies with a load of debt that the purchased company then has to pay off. See Toys R Us for the potential pitfalls of that arrangement.