this post was submitted on 21 May 2024
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chapotraphouse

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[–] [email protected] 53 points 4 months ago (1 children)

Headlines keep repeating that but it’s clear that the PE firm saddled RL with debt and became an exclusive supplier. They probably more than recouped their investment but maybe not on paper

[–] [email protected] 41 points 4 months ago

but maybe not on paper

Always need those "losses" for the tax breaks.