Word: purchaseed
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Ford proposed a complex plan to retire nearly 40% of its long-term obligations. The company wants to restructure its debt through a combination of a conversion offer by Ford and cash tender offers by Ford Credit. The car company will attempt to get holders of $4.88 billion in convertible...
$30 March 2, 2009 Loan and purchase of company shares
A few years ago, the Chinese called it their "Going Out" strategy. State-owned companies in key industries were being encouraged by the government to plant the flag of Chinese capitalism around the world by purchasing stakes in foreign companies. China was booming, flush with cash and full of optimism...
These were expensive lessons, but make no mistake: Beijing has not decided staying home is better than "Going Out." State companies are still sitting on mountains of cash, and although China's economy is slowing, officials see the global recession as a prime opportunity to cheaply acquire holdings of strategically...
•Serial short-term policies. Each successive policy you purchase treats you as a new beneficiary, so changes in your health may later be considered a pre-existing condition.