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Ah, but stock market investors also like cash making business machines. If private equity is able to outbid the stock market, they must have spotted a way they
by michaelt 2y ago
Ah, but stock market investors also like cash making business machines.
If private equity is able to outbid the stock market, they must have spotted a way they can extract more value. Sometimes that's by raiding the pension fund and cranking up prices. Other times it's a distressed business and better management can turn it around.
Neither is exactly good news for customers.
- lokar 2y agoThe market care more about growth