Originally Posted by
wheels_down
So at what point does Bain outline to the market what it’s actually going to do with Virgin?
Or is that top secret until August?
Why on earth would they do that?
Sure, once and once only they’ll inform the creditors how much they’ll be screwed and that’s it. Venture Capitalists owning private companies aren’t in the business of informing the competition what their plans are through a market they aren’t part of.
VA 1.0 made noises about reverting to a private company partly to avoid the responsibility of disclosure.