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> IBM has had a continuous pipeline of acquisitions over decades, but where is the money? They used it for stock buybacks.

• coredog64 7y ago
  ...and? This whole idea that stock buybacks are necessarily bad needs to die. Can they be bad? Sure. But there are valid reasons to pursue a strategy of buybacks vs. dividends.
  • TomMarius 7y ago
    And nothing, the question was > but where is the money?