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Mary Katherine Parker's avatar

None of the businesses you mentioned--Kohlberg & Company, Ares Management, or Platinum Equity--is particularly concerned about making sewing machines and sewing machine companies successful. They are invested in creating money for their investors. Once they've wrung what profits they can from an acquisition, they will sell it to other investors. Eventually, they will have bled whatever they can from a company and that's when it goes into bankruptcy and reorganization---if it can recover.

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Adriana Schoenberg's avatar

Fascinating! I still use the Husqvarna machine that your grand-father gave me for my 16th birthday!

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