1 posts and columns on bond offeriing

Microsoft: Mr. Acquisitive?

in News on May 11, 2009 at 11:58 am PT

With $25 billion in its coffers, Microsoft isn’t exactly hurting for cash. So why is the company planning a bond offering that could raise billions in additional capital? Microsoft will say only that the sale of the notes will be used for “general corporate purposes.” Those include working capital and share buybacks. They also include acquisitions.
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