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It had a big balance sheet behind these trades and could hold for a very long time.
* Paccar Inc. makes Peterbilt and Kenworth trucks and industrial parts, and has a "big, big balance sheet," Mr. Whitman said.
Now, in some cases, those companies with a big balance sheet may wish to finance it themselves on their own balance sheet.
The most obvious example is when a company buying a competitor needs to finance the deal and brings in a bank with a big balance sheet to help.
Another possible candidate is JPMorgan Chase, which could be brought in for its expertise in tech deals and its big balance sheet.
Analysts said the reprieve might be only temporary, though, because the firm's business model still requires a big balance sheet and core base of deposits for financing.
Similar(41)
Fashion has swung towards banks with big balance sheets that can offer loans as a lure for investment-banking business.
History shows, however, that when corporate clients need capital again, such conflicts can be easily forgotten as they rush back to firms with big balance sheets.
Boutique advisory firms and others that don't wield big balance sheets are gaining mightily from this latest addition to M.& A. lore.
Jed McCaleb, of ripple and stellar, predicted that in the next couple of years a lot of crypto companies with big balance sheets will acquire one another.
I guess we could raise the corporate profit rate on firms with big balance sheets, but that's the sort of tinkering with the tax system that often causes problems in the long term.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com