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Specifically, the firm had burned through a buffer of its own money and was using the cash of customers who were trading overseas, according to one of the people involved in the case.
In other words, taking the company private using the cash of the company, not debt.
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Some investors said the bid was too low because Mr. Gillings might be able to use the cash of Quintiles to help finance the transaction.
He used the cash to pay most of a £96,000 confiscation order.
Armani has used the cash to take control over much of his production and distribution.
ABB will use the cash proceeds of the sale, scheduled to close on Nov. 29, to reduce its $4.1 billion debt.
Churning occurs when an insurance agent persuades a customer to use the cash value of an existing policy to buy a new, larger policy.
To conclude, my results suggest that managers used the cash windfalls of the tax reform to engage in value-destroying acquisitions as predicted by the free cash flow theory.
In addition to these options, you can also use the cash value of a policy as collateral when taking out a bank loan.
It uses the cash basis of accounting instead.
In another snapshot, Fifty was using the wads of cash as building blocks as he tweeted, "I'm designing a house now I have a good idea.
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