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Padgett Paper Products Company

Padgett Paper Products Company

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Title: Padgett Paper Products Company

Essay Details:

Subject: Business

Author: Katherine E

Date: January 23, 2015

Level: University

Grade: A

Length: 2 / 532

Essay text:

In addition, Padgett noted a savings of $1.2 million could be had in the coming fiscal year. Now, Libris needs to come up with a loan structure in this competitive and volatile market. Taking the current economic environment into account, along with the double exposure of debt that Padgett had taken on, I don't see how the bank can justify the additional line of credit or the restructuring of the loan on a more orderly basis. It seems as though the management team of Padgett doesn't really want to grow as a firm. Typically, growth firms will lack a dividend payment in favor of growing the firm operationally by acquisitions...

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