The current financial crisis, the slowing U.S. and global economy and the meltdown of the financial markets are creating many challenges for public companies. During turbulent times, it is particularly important for a company to review its business plan, assess its business risks, determine its financing needs and consider strategic alternatives. This memorandum highlights issues public companies1 should consider, as well as some practical steps to assist directors and senior management as they navigate through the economic storm.
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