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If Apple gets any bigger we're going to have to start worrying about them buying Google and then shutting it down.
by Alex3917 12y ago
If Apple gets any bigger we're going to have to start worrying about them buying Google and then shutting it down.
- taspeotis 12y agoI imagine it's impossible in practice, but it's fun to entertain theoretically. Right now it seems GOOG has a market cap of $383.11B and Apple has $178B on hand [1]. [1] http://money.cnn.com/2015/01/28/investing/apple-cash-178-billion/ http://money.cnn.com/2015/01/28/investing/apple-cash-178-bil...
- meric 12y agoGoogle has $60b cash. Apple can borrow $205b, buy Google for $383b, use Google's $60b cash to pay off the debt, with Apple ending up owing $145b. It's not too unreasonable for a $718.66b company to be $145b in debt. Alternatively, use a script and cash offer. Pay $178b in cash and the rest in shares. All of this is possible, but as Page & Brin own 56% of voting power so all Apple would be getting is Google's income, but have no say to its decision making process. I assume Page & Brin aren't selling. Not really worth it for an extra $16b per year.
- smitherfield 12y agoPretty sure the FTC would not approve that merger, since it would give Apple a monopoly on mobile device operating systems, and arguably "tech" in general.
- Mikeb85 12y agoNot to mention, to buy out Google, they'd need to offer at least 20% above the market price (probably even more).