asset stripping in a sentence
Examples
- Poore was CEO of Manganese Bronze Holdings, a company apparently more concerned with asset stripping than with motorcycle production.
- Article 30 lists distribution requirements, which are intended to prevent asset stripping in the first 24 months from acquiring control ).
- In January 2007 the group closed its Kilwinning and Irvine plants amid allegations of asset stripping and abuse of workers rights.
- If it is public firms take a look at our articles on things like asset stripping, special dividend and also stock.
- Icahn systematically sold TWA's assets to repay the money he borrowed to purchase the company, which was described as asset stripping.
- But asset stripping, and mismanagement drove all these companies into the arms of the newly-created BIFR in less than a decade.
- "You will see a sort of asset stripping, selling off the silverware, " said Cees Haasnoot, head of research at Effektenbank Stroeve.
- Tranz rail ran the NZ railways into the ground, closing line after line due to poor maintanence, let alone the asset stripping.
- Asset stripping is considered to be a problem in economies such as Russia or China that are making a transition to the market.
- A company that may become susceptible to asset stripping is any company whose individual assets are worth more than its collective net worth.