Can companies use the money they get from issuing bonds to invest in other companies? and PJ Bond @ Fest 11 10.27.12-1

Can companies use the money they get from issuing bonds to invest in other companies?

Is the company free to do what it wants with the money they get from bonds as long as they can pay the bond holders?


Bond best answer:

Answer by jeff410
Companies often use bond issues to buy other companies.

Bond

PJ Bond @ Fest 11 10.27.12-1


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PJ Bond plays Fest 11 at Civic Media Center, Gainesville, FL, October 27, 2012.

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Orignal From: Can companies use the money they get from issuing bonds to invest in other companies? and PJ Bond @ Fest 11 10.27.12-1