• GreatAlbatross@feddit.uk
    link
    fedilink
    English
    arrow-up
    1
    ·
    5 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
      link
      fedilink
      English
      arrow-up
      1
      ·
      5 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.