"When Bain borrows all of that money from the bank, it's the target company that ends up on the hook for all of the debt." WTF? How... what?
@renderwonk It depends on the share types, but no, they may have to _also_ pay out to the minority holders. But it's share-proportional.
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@cmuratori@renderwonk Plus the article doesn't say that minority shareholders were screwed--it focuses on employees who were screwed. -
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