r/wallstreetbets • u/JadedAsparagus9639 • 5d ago

News Hooters files for bankruptcy

https://www.cnn.com/2025/03/31/business/hooters-restaurant-bankruptcy?cid=ios_app
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u/LeTacoTuesday 5d ago

Private equities are like black holes. One day, when there is nothing else to purchase and run into the ground they’ll just start cannibalizing each other until only one super massive one remains

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u/Potential4752 4d ago

Private equity are vultures. They are just salvaging whatever they can from failing companies.