The end of CEO Scrooge?

With the US economy on the uptick, its chief executives are suggesting the post-GFC cash-hoarding mentality is on the wane and M&A activity stirring back to life.

For the past few years now US chief executives have been doing their best impersonations of Disney’s miserly uncle, Scrooge McDuck.

The economic headwinds following the 2008 crash saw many companies squirreling away cash in case darker days were ahead.

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