What a great deal for the investors with connections to the local political 'maf...

perfecthjrjth on March 2, 2023 | parent | context | favorite | on: Chicago sold rights to 36k parking meters for $1.2...

What a great deal for the investors with connections to the local political 'mafia'. If profit is 70% after taking away expenses, that is about $140M. $140M * 7 = $980 (7 multiples). Where can one find such a profitable business for 7 multiples?