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Technology Stocks : Apple Inc.
AAPL 277.23-0.3%Dec 9 3:59 PM EST
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To: Cogito who wrote (78565)10/5/2008 12:58:58 PM
From: Win-Lose-Draw1 Recommendation  Read Replies (1) of 213176
 
Sure you can. The purchase money is effectively a bridge loan, secured against the assets (in this case cash) that you don't yet technically own. This used to be done all the time, there used to be so many buy-out raids companies would intentionally keep their cash holdings low so as to avoid becoming a target.
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