Around the Net
Google Prepared To Spend $30B To Acquire Companies Outside U.S.
- Financial Times, Wednesday, May 21, 2014 12:41 PM
Google revealed in a U.S. Securities Exchange filing that it expects to spend up to $30 billion on foreign acquisitions as it expands into new markets categories such as hardware. Richard Waters explains that the insight was gathered from a letter to the Securities and Exchange Commission in response to questions from regulators about what it plans to do with its overseas cash -- about $34.5 billion as of the end of March.
