Corporate America is sitting on trillions in cash. Here’s who has the most dry powder in Baltimore

Amazon’s blockbuster $13.7 billion deal to buy Whole Foods Market touched off a flurry of speculation last month about a pending surge in mergers and acquisitions. And why not? Many of the country’s largest companies are sitting on record piles of cash, piles that many analysts expect to continue to grow.

Not so fast, say capital markets analysts; while Corporate America collectively has about $2 trillion in cash on hand, much of it is consolidated among a handful of companies. In fact a recent…



Author: Baltimore Checkbook

Best in consumer news and deals in Baltimore, MD.

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