Thursday 27th July, 2017
Amazon's blockbuster $13.7 billion deal to buy Whole Foods Market touched off a flurry of speculation last month about a pending surge in mergers and acquisitions. And why not' Many of the country's largest companies are sitting on record piles of cash, piles that some analysts expect to continue to grow.

But, not so fast. While Corporate America collectively has about $2 trillion in cash on hand, much of it is consolidated among a handful of companies. In fact, a recent report by McKinsey ...

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