So levered buy outs that strip cash assets is a major cause of retailer failures.
Once again, the rich get richer and the workers are left out in the cold. This is all greed on the part of the finance gurus because they can't look any further than next week thus driving the stock price down if the company chooses to do anything other than strip assets.
http://www.cbc.ca/1.4577670
I live in a small Canadian Prairie city with a spouse and a dog. We retired in 2018. This is what life is like.
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