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CNN The Eighties June 4, 2024 06:28:00

And fueled this takeover phenomena. reich: we romanticize these characters. the fact of the matter is, these are fat cats, first cousins to the financial manipulators, the robber barons of the late 19th century. these guys are out there, they re trying to make a buck by doing nothing. and they re putting people out of work. kent: economists agree that some unemployment, some hardship is unavoidable, in the vitally important process of making the united states lean and mean again what the takeover specialists call corporate restructuring. corporate america needs some kick now and then to become a little bit more efficient, a little bit less entrenched, and that will probably do our economy a lot of good. thursday, goodyear fended off a hostile takeover bid, but victory didn t come cheap. smith: goodyear won by buying back roughly half its stock and taking on a huge debt. plants were closed and workers laid off. the company pays $1 million a day in interest ....

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China bucks restructuring, stands for management - Breaking News

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China's Evergrande sought bankruptcy protection in the US

The embattled property developer filed for protection under chapter 15 ....

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BBCNEWS Asia Business Report June 4, 2024 00:31:00

Through the us legal system and of course in china as well. i think what it means also is that amongst all of the various imbalances in the economy in china right now, the property sector might be the weight on the economy that lasts the longest simply because it is going to be such a slow slog in terms of restructuring of this debt. we have seen pictures of unfinished buildings, families and even sometimes having to squat in those buildings because they cannot afford to pay the rent and pay their mortgage on these properties. what can china do to try to boost this up? somehow the key to this issue right now is to complete unfinished projects because this will at least keep some of the financing flowing. as you mentioned, the many, many projects are presold and the households that buy ....

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EQS-Adhoc: Gerry Weber International AG: All creditor groups approve restructuring plan with large majorities - adhoc - Börsennachrichten

EQSAdhoc Gerry Weber International AG Key word Miscellaneous Gerry Weber International AG All creditor groups approve restructuring plan with large majorities 18Aug2023 1350 CETCEST Disclosure of an ....

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