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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
May 06, 1981
Page
14
Massey Ferguson faces a $2 billion debt load as it seeks a government backed share issue and Ontario guarantees to reshape liabilities. The Toronto firm records multiyear losses, reduced staff, and plant divestitures while awaiting UAW wage talks and possible drought risks, hoping NA tractor sales rebound by 1982.
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