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Companies putting cash to work

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We should all be in such a bind: having more cash on hand than we know what to do with. That’s the dilemma facing many corporate CEOs. According to the latest estimate from the Federal Reserve, U.S. companies are sitting on some $1.7 trillion in liquid assets, defined as cash and securities easily converted to cash. It’s why cash played a big role in some of the mega-deals announced recently. When Comcast Corp. said last ...


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