This is one of those situations where it once again shows that:

1. Private equity stakes in companies are bullshit and at the very least need to be utterly regulated to hell and back.
2. More specifically, it should not be allowed to buy a company “on debt”. If you want to buy somebody, you need cash-on-hand to do that. That’s the only allowed form.

I’d make “Waf right now” from it, but I dunno.

Took me a lot of years to not think it’s my company that is being run into the ground. I should not - and nowadays could not - care any less.