On the other end of the spectrum is behaving more like a short term renter--a squatter even. Getting control, selling off assets, stripping down the workforce to a skeleton crew, downsizing previous management, adding debt, and hollowing out operations. It’s pillage and plunder with a thin veneer of civility. All of these actions create a one-time surge in profits. Everything looks better, for a while. Not an issue if you find someone to sell to before it all turns into a pumpkin. This style of private equity is like someone who undergoes heavy doses of plastic surgery. It may look
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