Going private may allow the company to slash costs, which preserves cash. But management may also feel liberated to spend more on initiatives, which could deplete cash initially.
By PETER EAVIS, NY Times: Business
Fri, 02/22/2013 - 6:30am
Going private may allow the company to slash costs, which preserves cash. But management may also feel liberated to spend more on initiatives, which could deplete cash initially.