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So form a shell buying company A and secure the debt of company A with the assets of the newly purchased company B? Congrats, you added about 5 minutes of paper
by alex43578 14d ago
So form a shell buying company A and secure the debt of company A with the assets of the newly purchased company B? Congrats, you added about 5 minutes of paperwork.
- dghlsakjg 14d agoHow would that be an example of what I described? If you are putting the debt on a shell company’s books, you aren’t putting debt on the buying companies books.
- alex43578 13d agoThe buying company is the shell company. Are you proposing that only an established company can buy another business with profits from their operations or something? If I start a company with a loan and want to buy 3 HVAC companies in my area, is that allowed under your rule?
- dghlsakjg 13d agoI’m arguing against the practice of leveraged buyouts. You aren’t describing all of the steps of a leveraged buyout. You are just describing a buyout. Buyouts are fine. Leveraged buyouts are what I think is not. I cannot be more clear or keep explaining until you go learn the difference since you aren’t understanding what I’m saying.