Risky deals boomed during the bull market. Now some are blowing up

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J.Crew, Neiman Marcus, Hertz and Chuck E. Cheese’s have two things in common: They all piled on crushing amounts of debt during leveraged buyouts. And they’ve all filed for bankruptcy during the pandemic.
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June 29, 2020 at 02:29AM
#usa #unitedstates #unitedstatesofamerica #america #us #u_s

Published by Sarah Seearchett

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