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Essay

Debt Policy at UST

Essay specific features

 

Issue:

Business

 

Written by:

Kenneth P

 

Date added:

April 29, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1212

 

Was viewed:

2353 times

 

Rating of current essay:

 
Essay content:

UST had seven pending health related lawsuits at the end of 1998. The outcomes of these suits are uncertain. Despite the major Medicaid state settlements, lawmakers are expected to continue to push for new laws to combat youth tobacco use. Other litigation against tobacco companies is expected to continue, especially suits filed by individuals...
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This uncertain litigation and legislative environment makes the future cash flows of UST risky B. UST is a dominant player and market leader and its strategy is to combat entrants by launching similar products, rather than cutting prices. But the recent market erosion by small companies has raised concerns...
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