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>and the company has some cash lying around Does your opinion change if they're taking on debt / shrinking their business to buyback shares? >The company’s ex
by wcummings 11y ago
>and the company has some cash lying around
Does your opinion change if they're taking on debt / shrinking their business to buyback shares?
>The company’s executives said that to help finance the plan, McDonald’s would increase refranchising (turning company-owned restaurants into franchises), take on more debt (even at the risk of lowering its bond rating), and find $300 million to cut in general and administrative expenses.
It doesn't sound like its a case of McDonalds having a pile of cash
- tdees40 11y agoMaybe let's put it a different way: if you and I are partners in a business, and I decide to take out a second mortgage and buy you out, is that a bad thing? What if I have to sell a slice of the business to pay off that mortgage? I dunno, this all seems reasonable, and if it's reasonable for one person, then I think it's reasonable for a corporation.