• GreatAlbatross@feddit.uk
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    4 months ago

    Does he also do that thing where people buy out a company using debt loaded onto the company they’re buying?

    • tankplanker@lemmy.world
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      4 months ago

      Pretty sure he pays cash or close to it rather than a traditional leveraged buy out. He normally only buys struggling or collapsed brands he can get cheap like Wiggle.