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Tuesday, Oct 21
Fortune's Good Timing
The story isn't a new one the company's stock has been in steady decline for a year, during which time its value has plummeted $200 billion but given the network's news, we thought the timing was impressive (or, more likely, lucky). The article, which isn't online, offers some insight into the future of NBC: "Though the unit does depend on GE Capital [the part of the company that's in serious financial trouble], it is lightly leveraged and generates lots of free cash flow. If GE faces another cash crunch, analysts say it could offload NBCU, albeit for less than they'd like." Email This Post |
Turning the Page For New York Media
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