Investors Warn of ‘Rot in Private Equity’ as Funds Strike Circular Deals
Buyout firms have struggled to sell companies they own and have instead found a workaround to get cash back to clients: Selling the companies to themselves. [Source]
Publication Date:Origin: nytimes.com
Category: Mergers, Acquisitions and Divestitures
Topics: companies, themselves, Selling, clients, workaround, found, instead, struggled, firms, Buyout, Deals, Circular, Strike, Funds, Equity’, Private, ‘Rot, Investors