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ENGlobal Corp. Message Board

  • panalta2000 panalta2000 Aug 28, 2013 9:12 PM Flag

    Question: July PR said the sale wold reduce debt and obligations by $50 MM, but balance sheet shows only $35 MM debt. Clarification?

    Mr. Coskey continued, "We are pleased to announce that throughout our turnaround plan over the last year -- and through Closing of this transaction, we will have reduced our debt and vendor obligations by approximately $50.0 million.

 
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