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Source
Add some generous helping of debt, a few spoonfuls of management incentives and trim all the fat.
Take an underperforming company
That has been the recipe for private-equity groups during the past 20 years.
Leave to cook for five years and you have a feast of profits.
Target
Answer
Take an underperforming company
Add some generous helping of debt, a few spoonfuls of management incentives and trim all the fat.
Leave to cook for five years and you have a feast of profits.
That has been the recipe for private-equity groups during the past 20 years.
