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THE SAD SAGA OF WESTERN UNION'S DECLINE.
- Source :
- BusinessWeek; 12/14/87, Issue 3030, p108-114, 5p
- Publication Year :
- 1987
-
Abstract
- The article offers information on the declining market performance of Western Union. It is noted that this company's restructuring is one of the most problematic in history. Relative to this, the company has had to acquire extensions on its bank loan agreements no fewer than 15 times in the past two years and eleven months, it has survived a strike, and a total loss of $1 billion.
- Subjects :
- BUSINESS failures
BANK loans
COMMERCIAL credit
BANKRUPTCY
Subjects
Details
- Language :
- English
- ISSN :
- 00077135
- Issue :
- 3030
- Database :
- Complementary Index
- Journal :
- BusinessWeek
- Publication Type :
- Periodical
- Accession number :
- 18746976