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zerohedge

01/10/18 9:06 AM

#128446 RE: zerohedge #128445

management always did these deals as if they were an investment banker and that way they could maybe IPO the company at a later date but they never owned any equity in the business and it was always CJV which meant that they never were able to grab any of the cash or profit if there was any from the company. sickness.