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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 655 |
Essay's paper body
Cox thought that their stock price was well below what the company was valued at and decided that was the way to go.
Personal Reflections and Comments
I chose this article to do my review on for a couple of reasons. First, I work for Cox Communications and secondly I mentioned that a company may go private because it feels that it was undervalued in the general market...
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Cox was at the mercy of how some of the bigger players in the sector acted in terms of performance and even of other companies ethics. When Aldephia Communications declared bankruptcy and their executives were charged with crimes, Cox's stock price took a hit even though there has never been a hint of anything remotely unethical at Cox...
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