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Read the article below about an attempt to buy part of a company. Choose t
Read the article below about an attempt to buy part of a company. Choose t
游客
2025-05-27
27
管理
问题
Read the article below about an attempt to buy part of a company.
Choose the correct word to fill each gap from A, B, C or D on the opposite page.
For each question (21-30), mark one letter (A, B, C or D) on your Answer Sheet.
There is an example at the beginning (0).
Data International To Keep Wavertree
Data International, the heavily indebted book and music retailer, has shelved plans to sell its Wavertree book (0)______to Morris Media, after the two sides failed to come to an agreement on a price. Morris Media, which had been negotiating with Wavertree for over a year, had come forward with a 【C1】______ of close to £200 million for the business. Data International is thought to have wanted closer to £300 million. Disagreement arose over the level of working 【C2】______in the business, coupled with problems of the rising cost of bank debt needed to help 【C3】______the purchase.
It is believed that the directors of Data International backed away from the sale as Wavertree’s 【C4】______had begun to improve. Last year Wavertree 【C5】______profits of around £30 million before interest, tax and depreciation, on sales of around £400 million. Some observers believe that Data International is playing for time in the hope that Wavertree will 【C6】______from a hefty increase in sales in the key end-of-year period which may help 【C7】______ the price that the company can ask for Wavertree if talks resume some time in the new year.
A representative of Data International said, ’Sales at our music stores increased by 6% in the first quarter of the current financial year while Wavertree saw an increase of 9.5% over the same period. The company remains 【C8】______to Wavertree and the vote taken by the board to 【C9】______Wavertree for the foreseeable future was 【C10】______’
Example: A wing B chain C market D section
[br] 【C2】
选项
A、capital
B、assets
C、investments
D、cash
答案
A
解析
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