Detailed text transcripts for TV channel - MSNBC - 20180825:18:38:00
It is print. a very fast declining segment of the media industry. they have been in bad shape financially. they have a very large debt load, they are close to a billion dollars in debt, they just acquired new publications. and they are in the middle of a big refinancing. right now they are actually on the market trying to raise more debt to pay off some of the old dead and roll the ball along. this is what david pecker is really good at, he has been doing this for 20 years now with this company kind of keeping that debt ball rolling. so if he is indicted in the middle of all this, the very lik...
Source: news source