For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.

Private Equity can't find the exit.

The PE game has a standard playbook: Investors give money to firms, which buy controlling stakes in oft-struggling companies. The target companies are restructured, often with some elaborate new debt pile on their books, and then sold off at a profit, a nice portion of which is distributed back to the PE firm's investors.

Continue reading

Source Fool.com