4 ms·
I 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
by taspeotis 12y ago
I 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).