Friday, April 16, 2010

Company Mergers

This article pertains to the large quantity of cash that large corporations are currently showing on their balance sheets. This large influx of cash will most likely be used for large corporate mergers. I see these mergers as great benefits to the current economic state. With these expansionary mergers I believe it is safe to assume that the progress in the Unemployment Rate will continue throughout the year providing that their are no sudden financial collapses on Wall Street. This job availability boost will definitely help these families around the country as well as the government deficit because of more taxable people.

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