Re:iHeartRadio owner files for bankruptcy
by whatok on Thursday March 15, 2018 @04:03PM
(#16596101)
So if these companies are "humming along" why are they selling to Bain? If they're doing so great, why doesn't someone outbid Bain?
[ Parent
| on HN ]
They sell to Bain because itβs easy, makes the shareholders happy, and the board and executives get rich from it. And to your second question, an interesting read from the FT https://www.google.com/amp/s/amp.ft.com/content/e1732e1c-fa7...