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Interco is really a conservative organization with superior liquidity. Sufficient cash brings Interco monetary overall flexibility, allowing for Interco to repurchase its prevalent inventory and receive other organizations at the proper time.
The program incorporates the sale on the clothing division and stock repurchase. Saligman, chairman of Interco, said that its restructuring system is especially realized by narrowing the focus of Interco’s organization and expanding the stock cost.
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