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Covad Bought By Platinum Equity > well there goes covad.

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ThrowDemsOut
If you can't convince 'em, confuse 'em
Premium
join:2002-03-03
Mullica Hill, NJ
kudos:4

reply to inteller

said by inteller:

private equity funds do one thing, buy a company to make money then sell it off in pieces.

And who are they going to sell off the pieces to? Nobody will want them. Maybe scrap dealers will buy some old equipment.

to forum · permalink · 2007-10-29 10:00:23 ·

Monday, 13-Feb 01:59:00

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