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Conversely, while Seks coupon was a manufacturer, as with most consumer products companies, its earnings capacity was primarily tied to its brand power.

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Thomson realized that continuing to use its newspapers as a way to distribute information that originated with wire services owned by others would become an indefensible position, as the Internet made alternate modes of publication much cheaper and easier. The former investment banker found himself in the radio business when a friend backed out of a radio station deal inand Mays was left holding the property.

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Look at what happened to manufacturing giant Newell. Building deals on bedrock.

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