Around the Net
Cash Hoarding Vs. Acquisitions
- Financial Times, Friday, August 10, 2012 1:27 PM
Google made several acquisitions this year, such as Sparrow, Quickoffice, Meebo, TxVia, and Milk, but some companies have been known to hoard cash. FT.com points to some number-crunching from UBS that found the opportunity cost of higher cash levels is lower than many expect, yet "the best way for corporates to improve return on equity is to buy back equity." Masa Serdarevic takes us through the data.
