Comment on Private Equity Firm Bought My Employer
Jake_Farm@sopuli.xyz 6 months ago
Why did the employees allow the sale?
Comment on Private Equity Firm Bought My Employer
Jake_Farm@sopuli.xyz 6 months ago
Why did the employees allow the sale?
Terrapinjoe@lemmy.world 6 months ago
“mostly” was actually a subset of employees that owned a controlling interest and shared with some more passive investors. I don’t know the details on how the PEF got a majority but I imagine the passive investors were bought out and can’t imagine it took many employees to defect to produce the majority.