Re(4): Why can't Jai-Alai make it on TV? Posted on June 17, 2020 at 07:16:16 PM by MJAFANALWAYS
PEs would neve invest in a long shot, a/k/a jai alai as a business.
Their style is buy around 65% business with great cash flow already (50.1% gets control), load them with debt, leave carcass to bleed to death several years later. The debt repays their 65%. Their profit is several years cash flow, plus salvage value resale revenue.
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