alt Hacker News> One specific practise I’d like to see banned is private equity buying companies with debt the company then assumes. It staggers me that it’s legal.
What alternative are you imagining?
> One specific practise I’d like to see banned is private equity buying companies with debt the company then assumes. It staggers me that it’s legal.
What alternative are you imagining?
That the buying company keeps the debt on their books instead of offloading it onto the company that they bought.