Business · September 4, 2026
Private equity faces existential crisis in US as unsold companies pile up
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Neutral Summary
Private equity firms and the companies they own employ over 13 million, from startups to rural hospitals and large retailers, but experts’ concerns of collapse are growing Retail stalwarts Saks and Eddie Bauer filed for bankruptcy. Kmart and JoAnn Fabrics are gone for good, a tra
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