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Private Equity Firms Tried to Shoplift a Supermarket Chain Before Selling It. A Judge Just Stopped Them.

Por: Slate Business November 05, 2022

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Earlier this week, four state attorneys general seeking to stop a clique of private equity firms from swiping $4 billion from the massive supermarket chain they own. It was a frankly shocking turn of events, given that, as anyone who has ever worked for one can attest, looting companies is quite literally what private equity firms do. Crazier still is what happened Thursday night: A judge granted the Washington AG’s motion for a temporary... + full article



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