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... d 4.5 billion US dollars.
Counting the cash balance of 2.5 billion US dollars before, and the issued bonds of 5 billion US dollars... Entering the new year, the cash flow on the book of New Global has exceeded 10 billion US dollars!
Of the $12 billion in cash, $9 billion is in North America and $3 billion is stranded overseas.
Too much money to do big things.
Robert Iger has led the negotiating team, and LB's board of directors to start negotiations on the acquisition ...
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