Companies generally receive loans from the syndicated loan market when looking to make large short-term acquisitions. However, companies like Apple and Google have amassed tens of billions of dollars and have started using it as acquisition artillery. When you have more cash-on-hand than the U.S. government, it’s not difficult to see why big tech companies are avoiding the loan market. Read the full article at Reuters.com
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.