Basically, the company had to pay for its own buyout when private equity firms KKL, Vornado, and Bain bought the company for $6.6 billion, mostly with loans.
Because the company then had to pay off those extreme loans, they were forced to sell off their assets and property, which they leased back from the very private equity firms that now owned them.
The same thing happened more recently with Red Lobster and JoAnn Fabrics.
This is a well studied case. It was private equity that killed them.
I don’t know anything about them tbh.
Right. That’s OK, but then why did you blindly assume OP was wrong about the basic facts?
Just basing it on my own experience. I already knew they were going to go out of business even as a kid because they were the most expensive option in the market and the parking lots were always empty. This is when I was a kid though, like 20+ years ago.
This logic in infuriating. You had sourced reasons, and ongoing discussion, but you decided to put forth a baseless theory that attempts to disprove the discussion and studied facts based on your feelings as a child 20+ years ago?
Jesus fuck… Why?
You do realize both can be true? One doesn’t proclude the other.
Then you may want to rewrite this part. Because what I understood was essentially the same as:
Coroner: Gunshot wound in the back of the head. Here is the blood, there is the exit wound. and this is a bullet fragment.
Ari: I think the real reason they died is how they were pricing their labour
Bota: Are you for fuckin’ real right now?
You are arguing with a straw man because now you are just making up stuff to get mad at and argue about. Those are your words not mine.
That was a direct copy paste from your comment. You fucking lying piece of shit.