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Building a cash reserve in the business is important, if you're hoping to sell the business in a leveraged buy-out. Basically, someone buys B&N by using the B&
by nikanj 9y ago
Building a cash reserve in the business is important, if you're hoping to sell the business in a leveraged buy-out.
Basically, someone buys B&N by using the B&N cash-at-hand as collateral.