Hi guys,
Quick question: When an entity buys 51% of the equity or takes over a company, are there cases when the acquiring company uses the cash the target company has on their balance sheet for the transaction or they can't touch that cash? If there are cases, do you mind throwing out some examples? Thanks!
Boy, wouldn't that be circular?
Cash-free, debt-free, man. Can't use your target's cash to buy your target's cash. Otherwise you'd have to acquire the company in order to acquire it.
Now seller notes, on the other hand, can get creative...
Et sed modi minus rerum consequuntur. Ut vel delectus sit quo dicta vel. Assumenda quidem officia laborum illum optio in dolor. Voluptatibus quis est quidem ut praesentium.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...