strategy+business: RESTRUCTURING & INTEGRATIONManaging mergers and acquisitions for success, including detailed insight into recent examples of corporate integrationToo Much Money- March 1, 2007 Until recently, excess liquidity seemed like a smart strategy. But with stabilizing cash flows and rising interest rates, the benefits of large cash holdings are diminishing, and many companies are faced with the challenging process of strategic decapitalization. Justin Petit discusses optimal capital structures and the role of allocations like dividends, share repurchases, and pension funding.http://www.strategy-business.com/press/article/07112?gko=6e314 |