RT @bgurley: Large US company M&A teams favor international deals as they cannot repatriate cash, Cisco is latest but… http://bit.ly/a95up

Here’s some color on this: Cisco’s financial report is showing $29.5 billion in cash… but $26.3 billion of this amount is held overseas http://bit.ly/vANls

Why do firms hold so much cash? A tax-based explanation (PDF) http://bit.ly/pJoCn