5WPR NEWS

Blog: 5WPR NEWS
Category: Business
Description: The company also carried too much debt. When a deal that would have given InPhonic some cash and allowed it to spin off distribution fell apart, the bank called its loan. “We had the wrong balance sheet,” says Steinberg. “And in August 2007, there was no refinancing of anything.”
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Added to Blog-Search: Sep 14, 2012
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