Why Cisco Needs $8 Billion in New Debt When It Has $47 Billion in Cash

Why Cisco Needs $8 Billion in New Debt When It Has $47 Billion in Cash

[at 24/7 Wall St.] – Cisco Systems, Inc. (NASDAQ: CSCO) recently reported along with its earnings that its cash and cash equivalents and investments were $47.1 billion. So why did Cisco decide to raise capital by selling $8 … more

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