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A private equity firm tends to purchase a going concern or something of value. In other words, they don't have to keep buying/selling entities to make money, they purchase a business that generates cash flow from it's business function. Not all PE teams are created equal...it's up to the investor to decide who is the real deal and who isn't.
The money will come when you've got Dumya in your pocket. Cerberus hires Snow > Cerberus buys all the coated paper business it can > Dumya declares coated-paper tariffs against China.