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A comment on Companies controlled by PE firms use bankruptcy to shed pension obligations. Parent comment

Re:Companies controlled by PE firms use bankruptcy to shed p... by samfisher83 on Monday December 31, 2018 @11:59AM (#18795448)
Equity holders are pretty low on the totem pole. Pension holders would have higher bk priority.
[ Parent | on HN ]
Re:Companies controlled by PE firms use bankruptcy to shed p... by pm24601 on Monday December 31, 2018 @12:21PM (#18795587)
Reread the article. Clearly the PE owners have figured out exactly how to get all their money out before bankruptcy.

Sears, Toys R' Us, Marsh .... all brought by PE firms. All drained dry by interest payments, until there is nothing left.

The vampires have already gotten all the blood out of the body before bankruptcy occurs.

[ Parent | on HN ]