And we're waiting to see what private equity does to physician practices across the country.https://www.modernhealthcare.com/physicians/specialty-physician-groups-attracting-private-equity-investment …
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The new version of the old corporate raiders
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The piece could have been more tightly written, but gets across the basic point: The new owners' lack of understanding of and appreciation for the essentials of the underlying business. Therefore, they tend to undervalue the expertise necessary to run that business.
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Alden Global Capital is not a private equity fund. It is a hedge fund. Big difference.
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