Restructuring watch

Restructuring watch

Restructuring watch
No fewer than 15 companies reduced their workforce during the quarter, up from eight during the same period last year. (A) Company provided cash estimate as of Dec. 31 only, with SEC filings current only up to 2004; (B) 9-month operating loss; (C) Includes £16.1M received in January for ACAM2000 contract delivery; (D) Includes financing after Dec. 31; (E) 3-month operating loss
Date Company Staff cuts Cash Years cash pre-cut Cash date 12-mo op loss ended 12/31/06
1/3/07 Genaera (GENR) 30% to ~25 $33.8 1.5 12/31/06

Read the full 905 word article

How to gain access

Continue reading with a
two-week free trial.