Retired NATO commander Wesley K. Clark left last month as Summit Global Logistics chairman following a one-year stint that saw the East Rutherford, N.J. shipping concerns stock fall 60% as its losses rose 10,000%. An ill-fated corporate buying spree fueled by $163 million of debt and equity financing boosted revenues, but not as much as expenses, prompting a default.
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机译:退休的北约指挥官韦斯利·克拉克(Wesley K.Clark)上个月离开峰会全球物流(Summit Global Logistics)担任董事长,此前一年时间,新泽西州东卢瑟福的运输担忧导致股价下跌60%,其亏损增加了10,000%。 1.63亿美元的债务和股权融资助长了企业命运不佳的疯狂收购,虽然增加了收入,但不及支出,导致违约。
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