4 ms·
I'm not blind to the flaws of private equity, but just wanted to make a point here: there's very little likelihood that the business sold in 2020 is the same th
by vijayr02 7y ago
I'm not blind to the flaws of private equity, but just wanted to make a point here: there's very little likelihood that the business sold in 2020 is the same that was acquired in 2006. Companies change and the private equity sponsor may have:
1. Spun off businesses that made a profit
2. Paid out dividends that reduced their cost basis
Again, I don't know the specifics of the EMC deal and maybe very well they destroyed value, my point is that this is not as simple as comparing numbers at two points in time.