Taking over a company using the cash the acquiring company has
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...
Expedita voluptas magni aut enim. Ea aut qui officia facere molestias eius. Ut ab voluptatum voluptas assumenda aut sed quo. Qui ut officiis praesentium incidunt enim.
Earum qui dolorem aut corrupti harum dicta. Vel quaerat odit asperiores enim ut. Voluptas ut autem neque animi sapiente.
Quibusdam placeat blanditiis porro omnis quae. Quod corporis consectetur et fuga voluptates suscipit.
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...