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Re: Oglebay Norton

From: John Dunlap
Location: Mpls
email:
Remote Name: 69.179.18.14
Date: 12.27.08
Time: 02:54:04 PM

Comments

Seems to me that the O/N fleet sale, and the sale of the Company as well, were the result of a buying binge that saddled the Company with more debt than it could handle. As a result the company is gone. If my underatanding of the reason for O/N's sale is wrong, please correct me.

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