Apple may acquire Netflix, according to Citi..

Previous Next
 
Posted by Admin Admin
  Options
There is a 40% likelihood that Apple will acquire Netflix now that US President Trump's corporate tax cut has been passed, according to Citi analysts Jim Suva and Asiya Merchant.
The cut in corporate taxes, along with a one-time allowance for companies to repatriate cash stored overseas without a major tax hit,will give Apple a much larger cash warchest to buy new companies.
Apple has about $252 billion in cash, much of it in foreign jurisdictions, which previously it was unable to bring back to the US... → Businessinsider's Report





© 2018 About Us - Forum - Rules - Contact
Powered By Nabble