I keep seeing posts about PE as a savior.
Question, have any of you worked in PE? It ain't fun.
Reminds me of the line in good fellas ..
Business bad? Fu-k you, pay me. Oh, you had a fire? Fu-k you, pay me. Place got hit by lightning, huh? Fu-k you, pay me.
Say good bye to good benefits, PSP, stock options (oh yeah, yours will be worth nothing), probably a reset on PTO...
And if it does turn around, you won't see a penny
I bet Wall Street has a product to use shares of the same company to buy more.
I would rather have bain come in because JD was running the show and they know how to fix it.
Yes, PHK can borrow against his Nike share to buy more nike share and the sale prices would mean the stock is worth more and then we can buy it because his shared where is the loan is placed against has a lower debt/equity ratio.
@h5 that’s still 30 billion market cap @ $20 think PK holds 20 % of stock so that means Nike would have to spend 24 billion to buy remaining outstanding shares to take the company private again
Maybe Phil K. Can make it private again. That would like private equity. Get the stock down to $20 a share then buy the rest out.
PE will destroy the brand more than what it is already destroyed. Not worth it
Nike can’t turn it around. Changing CFO is a perfect reason.
This is silly. I have experience in PE, IB, Nike, Big Tech, etc. PE doesn't want to take over NKE, you don't want PE to take over NKE, and there's no reason why NKE can't turn around in the public markets (but there's definitely a lot of wood to chop).
I believe that EH can ruin the stock by another half. He is the PE hero we need.
To be feasible for a PE takeover the stock would have to be near half its current value and the class A shareholders would have to agree. There are simply a lot of structural barriers (some market driven and several built in to the architecture of the business) that make this a very unlikely and unrealistic scenario. Is it a complete impossibility? Of course not...but it's highly unlikely anytime soon.
With all that I am still pro PE
@f1 PS you will also need to get used to firings instead of layoff and contested unemployment claims
@cw I've been on the outside for a few years but you still have gyms, off sites, parties, decent healthcare, generous PTO...
PE you don't have most of those.. you will switch insurance every year as a cost race to the bottom, parties become an unnecessary expense, PTO gets lessened and any sense of personal ownership gets tossed out the window when you have no equity in a company.
As bad as Nike seems now it's probably still 100x better than most other businesses
@OP how’s that any different than now?
True they get 9/12 board seats voting power but their shares are worth less too.
We just need to squeeze them more and let the shares drop until they get an offer to sell. Nike VPs are doing a great job of letting the stock sink.
They keep winning
Private Equity could buy the Class B Stock but that would do them no good cause the family have a chokehold on the Class A stock where they get pick like 10 of the 12 board members?
Only way Private equity is reaching a deal with the family to sell all their Class A stock.
PE takeovers are no joke. It will ruin anything anyone likes about working here. If you don’t see that it’s because you haven’t lived it
Looks like a few hedge funds are buying shares. Take over coming
https://www.marketbeat.com/instant-alerts/filing-nike-inc-nke-shares-acquired-by-westerkirk-capital-inc-2026-06-09/
PE or die trying (50 Cent)
In oregon parental leaves is paid via your payroll and paid leave oregon program, so you wouldn’t love that parental leave benefit anyway.
Another vote for PE here
Goodbye parental leaves companies are already cutting back and people are having less kids. No loss there
Sabbatical is an elite a-s kisser benefit. Happy that goes away too.
I rather have PE on a path to breakup the company then some ancillary benefits
Ok as well say bye to any parental leave as well as any milestone sabbaticals. Might change insurance benefits as well.
If the stock falls 10% next week, then we got the $45 billion market cap for PE. Then a company could buy us and sell our parts. Make Jordan its own company. Fingers crossed
lol.. save your breath…. half of these people have no idea what private equity is. They just heard the term somewhere and repeat it to sound smart.. not even sure if they realize that any decision to turn to PE runs through one man and one man only.
Because working at Nike is the best thing in the world. I will take the private equity. PSP might not come, the stock su-ks and has negative return on ESPP. We need PE to clean out the untalented folks here.
I support the PE play. Nike is on the verge of bankruptcy if they keep following they cr-ppy plans like updating sap but never finish it.