- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Toys R US Collapse Impact on Real Estate (Update: Bye Bye)
Posted on 3/15/18 at 12:22 pm to matthew25
Posted on 3/15/18 at 12:22 pm to matthew25
quote:I might be wrong, but I thought paying too much was the business plan. Way too much debt, lots of percentage-based fees, sell assets and make more fees, and watch it all go away and move on to the next future corpse.
Mitt Romney's firm was involved. Paid WAY too much.
IHeartRadio (formerly ClearChannel) just declared bankruptcy, too, under the same sort of circumstances, including Bain.
This post was edited on 3/15/18 at 12:25 pm
1
Posted on 3/15/18 at 1:08 pm to tokenBoiler
quote:
I might be wrong, but I thought paying too much was the business plan. Way too much debt, lots of percentage-based fees, sell assets and make more fees, and watch it all go away and move on to the next future corpse.
The whole idea with an LBO is that the buyers actually "pay" very little. All the money comes from others.
The debt holders are gonna take a bath here, but even they got higher interest rates, and will get some cash out of the liquidation.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News