"We know what happens when private equity gets involved with businesses not expected to generate high growth or returns, as well as what happens when there's too little market competition in any given sector. It can't be a cautionary tale because market consolidation is in itself a cautionary tale.
"But itβs also worth acknowledging how the timing could not be worse. Library use is way up right now, which is indicative of the times. People are buying less for various reasons....
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