Microsoft Likely to Go Into Debt for Yahoo Deal

Todd Bishop:

Microsoft has historically been renowned for its huge cash holdings, and its ability to avoid going into debt, but the company will probably need to borrow for the first time to help cover the cash portion of its giant Yahoo bid. […] The move underscores the magnitude of the Yahoo bid and the risk the company is apparently willing to take in its effort to make the deal happen. Microsoft is still generating cash at a considerable rate, reporting more than $5.8 billion in net cash from operations in its last quarter alone

Monday, 4 February 2008

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