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When Private Equity Firms Bankrupt Their Own Companies

Por: The Atlantic Opinion May 01, 2023

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Private equity firms can succeed when their companies, customers, and employees fail. It’s a broken system.Illustration by The Atlantic. Source: Getty.May 1, 2023, 7 AM ETPrivate equity firms buy businesses in the hopes of flipping them for a profit a few years later. The idea is simple enough. But companies bought by private equity firms are to go bankrupt as those that aren’t. The industry’s defenders claim that this is simply because... + full article



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