Think about it - you're having beers with a friend and he goes "so the company got bought out and then nothing changed". blank stares as everyone waits for the point / rest of story
You hear only of the dramatic ones. Bit like news is nearly entirely bad - bad news sells.
People forget that PE firms are buying equity. If the company prospers they get the upside. Contrary to popular hn belief destroying the thing you just paid a lot of money for is not standard game plan.
>Where success is the products are still made, quality and staffing is maintained
The world you describe is not the world we live in. Shareholder objectives - PE or otherwise - is to maximize value. It's not an artisanal hobby where highest possible quality product is the end goal.
Think about it - you're having beers with a friend and he goes "so the company got bought out and then nothing changed". blank stares as everyone waits for the point / rest of story
You hear only of the dramatic ones. Bit like news is nearly entirely bad - bad news sells.
People forget that PE firms are buying equity. If the company prospers they get the upside. Contrary to popular hn belief destroying the thing you just paid a lot of money for is not standard game plan.
>Where success is the products are still made, quality and staffing is maintained
The world you describe is not the world we live in. Shareholder objectives - PE or otherwise - is to maximize value. It's not an artisanal hobby where highest possible quality product is the end goal.