3min chapter

The Lincoln Project cover image

Private Equity's Plan to Pillage America with Brendan Ballou

The Lincoln Project

CHAPTER

The Arrogance of Private Equity Firms

There's an inherent arrogance that is evident in the private equity industry. The new owners of Payless shoe source have never shopped at Payless, he says. There were really interesting stories when Sun Capital bought up Marsh Supermarkets. If you've got 25 or 30 stores across two or three states and your employees are happy, why sell?

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