Stock Market: Selling Shares Becomes Cheaper Than Issuing Debt
February 28, 2024
For the better part of a decade, Bryan Riggsbee did what countless other finance chiefs, both in the US and beyond, had done when their companies needed money — he borrowed it.
Late last year, the chief financial officer at Myriad Genetics Inc. took a different tack, one the DNA-testing company hadn’t seriously considered in over 16 years — selling shares.
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