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re: Stopped at subway last night .. yes I’m whining
Posted on 2/14/24 at 10:38 am to Jcorye1
Posted on 2/14/24 at 10:38 am to Jcorye1
quote:
It originally started as inflation, but you're out of your mind if you think companies didn't take advantage of the situation.
A private equity firm bought Subway for $10B in August. For the full $10B price to be paid out, Subway's cash flow needed to reach certain milestones over a specified period after the deal closed.
Most here will put full blame on the government for the increased prices, but that’s just being lazy.
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