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Re:The Fishy Death of Red Lobster by coldtea on Thursday May 02, 2024 @04:11AM (#40233840)
>The PE firm would also prefer to have a nice profitable business

Quotation needed. Usually they put no or little effort in this. They want to get their profit by destroying the business, either by breaking it down and selling the parts or by turning it into a shitty consumer-hostile money-grabbing version of its former self

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