>>103782>Make company more "diverse">force everything inside the company to be "diverse". Products, ads, etc>Alienate audience that likes company. They don't like it.>Company loses stocks and customers. Value gets deflated>blackrock buys the company out for literally nothing>rinse and repeatI think that's the strategy they're trying to do. It's called a "corporate raid". It was more frequent in the 80s and 90s I think
https://en.wikipedia.org/wiki/Corporate_raidIt's a lot of stuff. Maybe Tardus can look into all of these links and give his opinion since he used to work in Finance/Wall Street and knows more about this than I do.
https://en.wikipedia.org/wiki/Leveraged_buyout
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