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Hazards of growth-by-M&A: Debt-laden Concordia tosses CEO, washes out investors in refi plan

admin 4th May 2018 Uncategorised 0

Troubled Concordia, the Canadian drugmaker often compared to fellow price hiker Valeant, said on Thursday it had made a deal with creditors, replaced its CEO, and all but wiped out shareholders. That’s quite an upheaval, and it has one aim: financing.

More: Hazards of growth-by-M&A: Debt-laden Concordia tosses CEO, washes out investors in refi plan
Source: fierce

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Hazards of growth-by-M&A: Debt-laden Concordia tosses CEO, washes out investors in refi plan

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