In september 1999 microsoft agreed to buy visio corporation


Question: In September 1999, Microsoft agreed to buy Visio Corporation for stock valued at $1.26 billion. Visio sells a popular line of technical drawing software. At the time, Microsoft had $ 14 billion of cash on its balance sheet. Why might Microsoft pay for the acquisition with its own stock rather than in cash?

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Finance Basics: In september 1999 microsoft agreed to buy visio corporation
Reference No:- TGS02286329

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