Comment by RockyMcNuts

it's a bust-out, you identify a patsy and you stick it to them.

sometimes the company is worth more dead than alive, the parts are worth more the whole, especially when you can leave someone holding the bag, and the PE company gets paid to make them dead.

in any event the company is worth more to an extremely unscrupulous buyer than as a going concern in public markets.

https://www.dailymotion.com/video/x4348lj