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Subscribe to this threadTata takes out $3 billion loan to buy Jaguar and Land Rover
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Reader @ Mar 18th 2008 10:19PM
Even if you find his analogy flawed his point still stands 100%. A company that would keep 3 billion sitting around would fall into the ground, fast. All cash does is depreciate with inflation when it could be invested in capital. The fact they got the lone isn't because Tata is a poor company, it's actually quite the opposite. Tell me how it goes when you ask a bank for a $3,000,000,000 loan.