
Private Equity Is Snapping Up Gas and Oil Firms. What Could Go Wrong?
This story was originally published by High Country News and is reproduced here as part of the Climate Desk collaboration. Where private equity investors make acquisitions, bankruptcies tend to follow. Brands from Radio Shack to Toys R Us went under after being bought by these firms, as did the company that made the Instant Pot, and hundreds of local newspapers endured layoffs and reduced coverage. Now, private […]