Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

California

Envirogal

(319 posts)

4. Private equity strikes again!

Reply to Yo_Mama_Been_Loggin (Original post)

Sat May 9, 2026, 04:10 AM

4 hrs ago

Every time I hear about a legacy brand going bankrupt, I search to see if they are owned by a private equity firm, and more times than not, it is.

They take all the long-acquired assets of the brand and then sell them off, bleed the company out and load it up with debt….and then use bankruptcy laws as the fallback, as well as tax write offs.

Toys R Us, Red Lobster, and the list goes on and on.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

4 replies

= new reply since forum marked as read

Highlight:

Del Monte bankruptcy prompts massive peach tree removal in California [View all] Yo_Mama_Been_Loggin 17 hrs ago OP

$3,000 an acre, according to my math Auggie 16 hrs ago #1

seems like another mega foods corporation would swoop in and buy these trees. after all msongs 16 hrs ago #2

💔💔💔 ultralite001 15 hrs ago #3

Private equity strikes again! Envirogal 4 hrs ago #4