return2ozma@lemmy.world to News@lemmy.world · 2 days agoMajor restaurant chain closing locations amid $620 million buyoutwww.syracuse.comexternal-linkmessage-square19fedilinkarrow-up164arrow-down119
arrow-up145arrow-down1external-linkMajor restaurant chain closing locations amid $620 million buyoutwww.syracuse.comreturn2ozma@lemmy.world to News@lemmy.world · 2 days agomessage-square19fedilink
minus-squarekersploosh@sh.itjust.workslinkfedilinkarrow-up39·2 days agoSo long, Denny’s. Soon you will be gutted and sold for scrap, and your name will be added to the list: https://en.wikipedia.org/wiki/List_of_private_equity_owned_companies_that_have_filed_for_bankruptcy
minus-squaredavidgro@lemmy.worldlinkfedilinkarrow-up5·edit-22 days agoHow can the list be that short? Hasn’t this been a thing that’s even recognized in pop culture since the 1980s?
minus-squareatomicbocks@sh.itjust.workslinkfedilinkEnglisharrow-up6·2 days agoI was wondering why Marvel wasn’t on the list. Turns out there is apparently a difference between a private equity firm and a holding company. So there is at least part of your answer.
So long, Denny’s. Soon you will be gutted and sold for scrap, and your name will be added to the list:
https://en.wikipedia.org/wiki/List_of_private_equity_owned_companies_that_have_filed_for_bankruptcy
How can the list be that short? Hasn’t this been a thing that’s even recognized in pop culture since the 1980s?
I was wondering why Marvel wasn’t on the list. Turns out there is apparently a difference between a private equity firm and a holding company. So there is at least part of your answer.