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Goodyear continues turnaround with restructuring and debt reduction
The company is working to restructure its business while refinancing and paying down years of debt as part of its ongoing turnaround.
Goodyear is continuing its turnaround plan as it looks to restructure its business and improve its financial position, according to CNBC Markets.
The tire maker is also pursuing refinancing efforts and plans to pay down years of debt while the restructuring continues.
CNBC Markets reports the company is approaching the turnaround on multiple fronts, pairing operational changes with balance sheet work to reduce leverage over time.
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