Re:Squarespace to Go Private in $6.9B All-Cash Transaction w...
by michaelt on Monday May 13, 2024 @02:09PM
(#40346367)
Ah, but stock market investors also like cash making business machines.
If private equity is able to outbid the stock market, they must have spotted a way they can extract more value. Sometimes that's by raiding the pension fund and cranking up prices. Other times it's a distressed business and better management can turn it around.
If private equity is able to outbid the stock market, they must have spotted a way they can extract more value. Sometimes that's by raiding the pension fund and cranking up prices. Other times it's a distressed business and better management can turn it around.
Neither is exactly good news for customers.