After the economic crisis of 2008-09, the huge number of people employed in the construction business contracted severely. Many suffered long-term unemployment and consciously chose to look for work in less cyclical businesses. When the economy recovered, those workers were no longer available
The private equity (PE) firm KKR is seeking to buyout Walgreens in a huge leveraged buyout deal. Let’s look at how leveraged buyouts and PE firms work. Understanding the drug store business is also important since the business has significantly evolved over the last 30 years.
