Re:The Looming End of Payless ShoeSource
by dehrmann on Monday April 29, 2019 @12:38AM
(#19775869)
> The end of Payless is just another private equity story
There have been a few of these, lately. I'm having a hard time telling if the debt PE loaded the firms with is the problem, or if it only sped up the inevitable. PE doesn't buy companies because they're doing well; it buys them because they're failing.
There have been a few of these, lately. I'm having a hard time telling if the debt PE loaded the firms with is the problem, or if it only sped up the inevitable. PE doesn't buy companies because they're doing well; it buys them because they're failing.