Edelbrock Closing in Torrance

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427TJ · #1 01-30-2021, 06:59 PM

Private equity. That's 99% of what is happening here. Also cheaper to move, as Centerline did (to China), to take advantage of cheaper labor, taxes, etc. I think it was Vic who sold the company to private equity? This is simply capitalism at work.

**scuncio** · #2 01-30-2021, 07:33 PM

Agree, private equity at work. As a venture capital investor I know the business well.

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