Company with an abundance of cash in hand and on deposit

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January 17, 2018 at 10:44 am #430750
quytuan
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I want to ask why the company with an abundance of cash in hand and on deposit ripe for takeover bid?. Is it more attractive because the acquirer can use this abundant cash?
Thank!
January 17, 2018 at 7:32 pm #430859
John Moffat
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Not really. More important is the profit earning capacity and the extent of the synergy between the companies.
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