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Ironically, the easy money of the past few years, a byproduct of rising corporate profits and stock prices, is in some ways limiting the options available to corporate managers.
In too many industries, it has allowed for too much cash chasing too many growth opportunities. There are private-equity deals getting done in industries that never would have been candidates for private equity in the past, at pricing that probably wouldnt have made sense in the past, observes J.
Sherman, CFO of Akamai Technologies Inc.a 429 million Internet services firm in Cambridge, Massachusetts. Still, its not surprising that companies are trying to do something with their cash.