What happens to acquired firm cash?
Posted: Fri Jan 24, 2014 10:42 pm
I haven't taken the time out to find out, but does anyone knows what happens to the acquired company cash?
For example:
Firm A merger with Firm C who has $30 billion in cash, what happens to the $30 billion? I know shares carry over, but not sure about the cash on the books.
For example:
Firm A merger with Firm C who has $30 billion in cash, what happens to the $30 billion? I know shares carry over, but not sure about the cash on the books.