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tim sheehy faces financial turmoil amid senate campaign and company losses

Tim Sheehy, a Republican Senate candidate, faces scrutiny as his aerial firefighting company, Bridger Aerospace, has accumulated $180 million in losses over five years. Despite portraying Bridger as a success story, the company has violated debt covenants and its auditors have raised concerns about its financial viability. With a significant portion of its funding used to pay off previous investors, Bridger's future remains uncertain as it approaches the end of the fire season.
@FinancialTimes
United States Dollar NASDAQ-100 Fund FUND Bridger Aerospace Group Holdings, Inc. Blackstone Inc. More Jobs, Less Government Ascent Vision USA Sam Davis Tim Sheehy Stephen Schwarzman Todd Hirsh Jon Tester Show more
Finance & Economy, News Article
15:18 28.10.2024
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