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A comment on Squarespace to Go Private in $6.9B All-Cash Transaction with Permira. Parent comment

Re:Squarespace to Go Private in $6.9B All-Cash Transaction w... by dehrmann on Monday May 13, 2024 @12:50PM (#40345331)
There are different strategies. You can buy up dying companies and try to turn them around with management changes (and debt), you can sell off companies for scrap, you can buy up money printing machines and run them hotter.
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Re:Squarespace to Go Private in $6.9B All-Cash Transaction w... by lotsofpulp on Monday May 13, 2024 @01:05PM (#40345490)
Just to show that these bets are not without risk, the Sears bet failed bigtime. Lampert lost a ton of money.
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Re:Squarespace to Go Private in $6.9B All-Cash Transaction w... by dehrmann on Wednesday May 15, 2024 @12:35PM (#40369154)
People love to vilify PE for destroying companies, but a lot of these companies were dying anyway, and PE was trying a last-ditch, high-risk reorg to save them.
[ Parent | on HN ]