Okay, so there is a rumor that private equity is interested in buying out AMR.
Let me just state for the record that, if this is true, IT WILL BE PROOF POSITIVE THAT THE PRIVATE EQUITY FIRMS HAVE GONE STARK RAVING MAD.
AMR has 20 billion in debt, massive pension obligation, and is bleeding profusely!!!
I always believe private equity was stark raving mad based on the REIT deals they are doing (incredibly high prices), but this will confirm my fears as objective truth.
Let me just state for the record that, if this is true, IT WILL BE PROOF POSITIVE THAT THE PRIVATE EQUITY FIRMS HAVE GONE STARK RAVING MAD.
AMR has 20 billion in debt, massive pension obligation, and is bleeding profusely!!!
I always believe private equity was stark raving mad based on the REIT deals they are doing (incredibly high prices), but this will confirm my fears as objective truth.