Financial Troubles
At the end of 2008, Redstone financial troubles started when billionaire Sumner Redstone had to dump $400 million of nonvoting shares.
It was released that National Amusement planned to sell $390 million of notes in another attempt to refinance a large part of the company's bank owed debt.
Read more about this topic: National Amusements
Famous quotes containing the words financial and/or troubles:
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—W.H. (Wystan Hugh)
“Reduce big troubles to small ones, and small ones to nothing.”
—Chinese proverb.