Tim, Out Don’t you hate it when you try to force a company to give up on a planned acquisition they worked hard on for eight months and sell one of their units to you instead, and they try to impose strict conditions on you? And then your primary backer “coincidentally” happens to pull their promised financing? That’s the world of Tim Waterstone, who continues his long losing streak of failed efforts to buy back the bookstore chain he founded. (Which is probably just as well — doesn’t Tim know that when you use private equity money for a purchase, […]
