No. of Recommendations: 1
If no sucker can be found who will pay enough to provide the returns the private equity group needs they will be forced to continue to operate a business they never cared about in the first place.
There is no further return NEEDED by the PE investors. They already got paid. If the business is losing money, it gets jammed into bankruptcy ASAP--after being stripped of all value. If it is not losing money, then it is NOT a cash drain. So, the PE investors don't care--YET. Holding out for a rube to buy the business is their preferred option. Absent a willing rube, everything depends on the economy AND technology--which is unpredictable.
