Reply to post: Re: Smart move

EE buys 58 Phones 4u stores for £2.5m after picking over carcass

Michael Strorm

Re: Smart move

"Maybe the PE company had seen the writing on the wall for that retail model, and extracted it's investment making failure the banks problem"

Indeed. PE is well-known for taking over companies that go bankrupt shortly after yet still managing to come out with a healthy profit. Nothing strange or dubious about that. *cough*

We discussed PE's modus operandi with relation to Phones 4U already:-

http://forums.theregister.co.uk/forum/1/2014/09/18/phones4u_top_gear_tigers_and_bingo_boilers/#c_2303762

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