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2. How did the company's sinking stock prices affect its financial management?
Cablevision relied heavily on the sales of its own stock as a source of cash and as a collateral for loan if they needed to borrower money. With the massive tumble their stocks took, it left the financial management scrambling for money that they counted on from stocks and active loans in the past...
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2. How did the company's sinking stock prices affect its financial management?
Cablevision relied heavily on the sales of its own stock as a source of cash and as a collateral for loan if they needed to borrower money. With the massive tumble their stocks took, it left the financial management scrambling for money that they counted on from stocks and active loans in the past...
Essay fragment
General points of the essay
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