They’re called Vulture Capitalists and they make a lot of money destroying companies like this. There’s no law against it, it’s just buying a business and running (killing) it as they see fit. Livelihoods of employees don’t matter, they’re just assets to be sold as well.
Gale from Breaking Bad. He was just a geek earning a living and when Jesse went to him at his front door and he said “you don’t have to do this” and BLAM. It really bothered me.
He sure does love the battle flag of the Army of Northern Virginia, First Corps. Wait, is that not what he means?