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Re:Twitter CEO fires two top executives, freezes hiring by mywittyname on Thursday May 12, 2022 @05:38PM (#31360441)
Leveraged buyout at an inflated price in the short term. Banks backing the loans will get guaranteed interest payments on the loans plus a lucrative contract debt servicing and consulting fees in the medium term. Long term they'll IPO again and/or find a fool to acquire them.

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