Business Management Unit 5 Individual Project
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Title: Business Management Unit 5 Individual Project

Essay Details:

Subject: Business
Author: June L
Date: May 4, 2011
Level: University
Grade: C
Length: 1 / 287

Essay text:

Why couldn't Cablevision simply borrower $600 million to close the cash flow gap? Cablevision relayed on stocks as a source of financial support if they needed to borrow money and through the years they had fallen back on their stocks to support their borrowing. Borrowing enough money to close the gap would be tough given the sinking stock-collateral value and the fact that they were $7 billion in debt after acquiring business units over the years. How has the company performed financially in recent years? Cablevision has continued to grow since the fall in 2002. They have had six consecutive quarters of basic subscriber gain and also released a statement on November 8, 2005 about third quarter results saying "Cablevision Systems Corporation reported financial results for the third quarter ended September 30, 2005...

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