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But I think, this was regular Hedge Fund strategy of buying companies. Take a ton of money from the financial market. Buy off a company or subsidiary and pay wi
by PinguTS 12y ago
But I think, this was regular Hedge Fund strategy of buying companies. Take a ton of money from the financial market. Buy off a company or subsidiary and pay with the borrowed money. Then put all that on dept to the bought company.
That was the way it also worked when the Hedge Fonds bought it out of Philips.