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Re:iHeartRadio owner files for bankruptcy by sct202 on Thursday March 15, 2018 @01:04PM (#16594586)
I think it's good to think about their original intentions versus what happened, because for the PE firms the best case is to make a stronger company that can publicly IPO for billions of dollars. If they can't make that happen they run it into the ground and try to get out with what they can.
Re:iHeartRadio owner files for bankruptcy by msie on Thursday March 15, 2018 @01:29PM (#16594831)
Then Bain Capital must be lying to themselves if they think they can help the company. I think they skip the middle step of trying to help the company and just sell off assets.