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Sorry if I am being obtuse but I don't think that Toys R Us lent the PE firm money to buy Toys R Us. But somehow Toys R Us was responsible for paying back the d
by themaninthedark 6y ago
Sorry if I am being obtuse but I don't think that Toys R Us lent the PE firm money to buy Toys R Us. But somehow Toys R Us was responsible for paying back the debt that the PE firm took on to buy Toys R Us.
The PE firm should have more skin in the game, if they take out a loan to buy Toys R Us, they should be responsible if the company fails.