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
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 technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.
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