11. The risk for the vendor of assets is the possibility of balancing charges if the assets are sold for more than their written-down value. 12. Examples might include sale and leaseback agreements, where an asset is sold and immediately leased back from the purchasers. 13. Although cost-cutting will improve cash flow, analysts believe Raytheon will have to sell more assets to pay down that debt. 14. An analyst who insisted on anonymity said Adelphia had little choice but to sell assets because it could not borrow in the public market, having lost credibility. 15. An alleged conflict of interest involving the Brazilian government official in charge of selling state assets could also delay the sale. 16. And indeed the conglomerate had already pledged to sell assets, without much success, prompting creditors to threaten Hyundai Engineering with bankruptcy. 17. And he is selling other assets in a desperate effort to raise cash. 18. And the companies can sell assets like programming agreements and joint ventures to raise money. 19. Another sizable chunk would come from selling government assets, including Governors Island in New York Harbor, and from a new auction of space on the broadcast spectrum. 20. And, because it is cash-poor after the merger, Westinghouse will have to sell away assets to afford owning the network. |