Cash of US non-financial companies has reached $1.9 trillion, a 10 percent increase from 2016, and it is estimated that $1.1 trillion will return to the US if a tax holiday is granted under the Trump administration. Alexander Lee, a leading Tax Attorney and Partner at McDermott Will & Emery, recently commented on this topic …
Tag: cash
Middle Market Companies Holding Onto Cash
Instead of investing in growth, companies this year have been holding more than $1.4 trillion in cash – close to a record $1.65 trillion in 2014. Oracle’s $56 billion cash stockpile is 1.5 times its sales and Cisco’s $60 billion in cash is 1.2 times its sales. Eleven companies have cash reserves double their annual …
Aggressive Lending, Bigger Deals… M&A is Back on the Move
There’s no denying it that M&A is on fire. Look at any financial newspaper headlines and you’ll see announced deals or merger talks. And keep in mind for all the major transactions involving publicly held companies there are many smaller, privately held transactions occurring unannounced. We can better understand this current wave of activity and …
Are You Playing It Safe?
For the last couple of years, corporate America seems to have been playing it safe when it comes to growth. Currently U.S. corporations are holding on to a record $1.65 trillion in cash. Are you in a similar position, perhaps? Cash may not be your “security” blanket but you may be unwilling to take the risks …
Closing the Deal: Lessons Learned from the LA Clippers Sale
The ability to move quickly can be crucial in successfully closing a deal. A large part of that means having financing ready so you can swiftly respond to the seller’s decision. I was reading a post about Steve Ballmer’s $2 billion acquisition of the LA Clippers that illustrates why having your financial package prepared is …
Apple Borrows Cash
Yesterday, Apple sold $17 billion in debt offering to investors, the largest corporate-bond deal in history. Apple’s first debt-offering in over 20 years is part of its plan to return $100 billion to shareholders by the end of 2015. This plan is a response to pressure put on Apple to use their excess cash hoard …
