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New York Times running on fumes
TegenArgument
1
#21259
The New York Times (NYT) is approaching the point where it will have to manage its business primarily to conserve cash and avoid defaulting on its debt.
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New York Times running on fumes
New York Times running on fumes☜The New York Times (NYT) is approaching the point where it will have to manage its business primarily to conserve cash and avoid defaulting on its debt.☜EF597B
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Distressed selling of key assets »
Distressed selling of key assets
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New York Times Company debt reduced to junk status☜The New York Times has been battling to avoid defaulting on some $400million in debt—and has more than $1billion in debt already on the books, only $46million in cash reserves (in October 2008), its existing debt reduced to junk status and no clear way to tap into the capital markets.☜FF97FF
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[1]
New York Times (NYT) Running On Fumes
Citerend uit:
Henry Blodget
Publication info:
2008 October 28
Geciteerd door:
David Price
8:04 AM 27 June 2009 GMT
URL:
http://www.businessinsider.com/2008/10/new-york-times-nyt-running-on-fumes
Fragment-
"Not sure how it came to this so fast, but the New York Times (NYT) is approaching the point where it will have to manage its business primarily to conserve cash and avoid defaulting on its debt. This situation will only get worse as advertising revenue continues to fall, and it will be very serious by early next year."
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Gemaakt door:
David Price
NodeID:
#21259
Node type:
OpposingArgument
Gemaakt op (GMT):
6/27/2009 8:03:00 AM
Laatste bewerking (GMT):
7/2/2009 10:04:00 PM
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