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Thread: UA's Viability / Financial Future due to the COVID-19 Era [Consolidated]
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Old May 16, 2020 | 5:38 pm
  #853  
cesco.g
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Originally Posted by spartacusmcfly
The CEO further noted that this move is intended to help reduce its cash burn from $50 million a month currently, to zero by the end of the year, and also "provide significant cost savings over the next several years."
$50M/month does not sound too bad!
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