How vulture capitalists ate Toys 'R' Us

Re:How vulture capitalists ate Toys 'R' Us by metabagel on Monday April 23, 2018 @03:05PM (#16906419)

We don't actually know how it worked out for them, because reportedly they spent twelve years siphoning off cash from Toys 'R' Us.

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Re:How vulture capitalists ate Toys 'R' Us by harryh on Monday April 23, 2018 @03:35PM (#16906646)

We do know actually:

https://www.bloomberg.com/news/articles/2017-09-19/bain-kkr-...

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Re:How vulture capitalists ate Toys 'R' Us by metabagel on Monday April 23, 2018 @03:44PM (#16906730)

Marketplace says that Bain and KKR still made money off of the deal.

https://www.marketplace.org/2018/03/06/business/toys-r-us-an...

"The private equity firms’ investors haven’t made money off this deal. But the firms themselves have. It’s unclear where Vornado ended up. But after collecting fees from Toys R Us, Bain and KKR each took home at least $15 million."

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Re:How vulture capitalists ate Toys 'R' Us by harryh on Monday April 23, 2018 @03:50PM (#16906780)

That says they earned revenue, not a profit. They did not earn a profit.

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