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>Apollo Global Management bought Rackspace in 2016, took it private, and layoffs followed. Yikes, private equity strikes again!
by x86_64Ubuntu 5y ago
>Apollo Global Management bought Rackspace in 2016, took it private, and layoffs followed.
Yikes, private equity strikes again!
- missedthecue 5y agoThey are a public company now.
- kjaftaedi 5y agoThat's how the private equity firms squeeze their assets for cash, on the open marketplace.