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Acquired

Nike

12965.955 - 12987.492 Ben Gilbert

And there are many that would have failed along the way because at any given point, they would have gotten slightly ahead of their skis and the 100% debt to assets ratio would have caught up with them. And then poof, they go out of business. And Phil Knight even put up he and Penny's house to guarantee a loan. If it came down, it all would have come down. There's no slack in the system at all.

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