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To: Elroy who wrote (117854)2/5/2014 11:51:34 PM
From: SamRead Replies (2) | Respond to of 118717
 
I seem to recall that Microsoft bought $150m of stock a number of years ago when Apple was on the brink of going under. I don't recall what happened to it, I suppose they must have sold it at some point.

I am pretty sure it was an equity deal rather than debt, although I might be mistaken about that.



To: Elroy who wrote (117854)2/6/2014 12:13:37 PM
From: JoJoKRespond to of 118717
 
Technically, equity is the residual claim to assets after liabilities. If a company can fund operations internally, good for stockholders.


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