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Restructuring is an important reorganizing policy toward debt, operations or structure of a company. This kind of corporate policy is usually made when there are significant financial problems in the company, which are putting it in jeopardy. The target through restructuring is to eliminate financial harm and improve the business. Moreover, Alternatives for restructuring are to change of ownership or ownership structure, merger& acquisition, or bankruptcy. For instance, a company reorganizes its operations or structure by cutting costs, such as payroll, or reducing its size through the sale of assets.


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