That looks like a fairly straightforward case of private equity company buys struggling retail business, tries to turn it around, fails and company declares ban

That looks like a fairly straightforward case of private equity company buys struggling retail business, tries to turn it around, fails and company declares bankruptcy. They bought Toys R Us for a price of 6.6 billion and had 5 billion in debt after the sale. So PE borrowed 5 billion against Toys R Us and invested 1.6 billion in cash. There is no way an institutional investor let them pay themselves 1.6 billions in dividends while the company struggled. Here's an article that basically says all the PE companies lost all their money on the investment. https://www.forbes.com/sites/nathanvardi/2017/09/19/the-big-investment-firms-that-lost-1-3-billion-on-the-toys-r-us-bankruptcy/#db99357308fb https://www.forbes.com/sites/nathanvardi/2017/09/19/the-big-...