nuff said

  • sndrtj@feddit.nl
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    1 year ago

    This practice destroyed several century old retail chains in my country. Got sold to some American investment fund, via a loan placed on those company’s account. Then immediately sold the real estate in prime locations these chains held, so the companies became tenants in buildings they previously owned (and had paid off 80 years ago). Waif a few years, then they die even with decent revenue.