-
The carmaker has struggled to get more loans from the government and banks, so it is relying now on a merger with cash-rich Volkswagen, of which it already owns 51%.
FORBES: Porsche Hits Roadbump On Sales
-
The pile-up of cash must touch off a merger and acquisition binge by the fat cats with mounds of cash and no place to reinvest it in their own business.
FORBES: Magazine Article
-
Aussino said the exchange also expressed reservations about Aussino's future access to land critical to its operations citing Myanmar's ban on foreign ownership of land and its post-merger plan to deposit 65% of its cash in Mr. Zaw Zaw's own Ayeyarwady Bank, which also is subject to U.S. sanctions.
WSJ: Singapore Stymies Myanmar Mogul Zaw Zaw's Bid for Listing
-
These deals are usually arranged by companies in reverse-merger situations or by young public companies that want to raise cash right after an initial public offering.
FORBES: Piped Aboard
-
South Korea is likely to see a pickup in merger-and-acquisition activity this year, as its cash-rich companies shop for overseas assets and as the government is expected to renew efforts to unload state-held stakes now that December's presidential election is over.
WSJ: Korea Is Primed for M&A Deals
-
The company is simply generating too much cash and unless they are going to do a large merger, initiate a mega-stock buyback, or bail out a European country or two, there is nothing else for them to do with that much cash.
FORBES: Technology Dividends To Look Forward to in 2012