Thread: Beechcraft sold
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Old December 22nd 06, 04:14 PM posted to rec.aviation.piloting
john smith
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Default Beechcraft sold

The WSJ has had several stories during the last couple months relating
how hedge funds have purchased viable companies, borrowed heavily,
siphoned off the loans and left the company in shambles.

Mxsmanic wrote:

Jim Burns writes:



Yep, and doesn't "private equity fund" sound like a hedge fund??



Whenever a company buys another company for pure purposes of financial
gain, the company acquired usually suffers and often disappears. This
is probably very bad news for Beechcraft.