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44 sats \ 3 replies \ @Artilektt 14 May \ parent \ on: How Private Equity Killed Toys R us econ
I agree. Also, doesn't Toys R Us bear some responsibility for this outcome? You don't have to take a PE firm's offer.
This.
I loved Toys R Us as a kid, I'm sad I won't be able to share the same experiences I had with my kids.
But it seems to me that while everything here is true, there was clearly a change in behavior in consumer shopping habits, and Toys R Us recognized this and took the private equity offer hoping it would be their best chance of long-term survival.
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Good point. Perhaps they some the writing on the wall and chose this deal for that reason.
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if I was in charge of Toys R Us and thought the wind of change was blowing, I don't know if I would want to sell to private equity because it seems private equity always operates in mercenary, cancer-like fashion.
Private equity destroyed Thames Water too (the UK’s largest water utility)
just seems a bad thing to sell to, and makes the people who took the deal look bad IMO. fuck you, I'm getting my payout and getting mine etc
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