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Company expects to spend much of the newly repatriated cash on share buybacks and dividends
Cisco Systems Inc. is the latest technology giant to bring home huge sums of cash held overseas, a beneficiary of the new U.S. tax law.
The networking-gear maker said Wednesday it would repatriate $67 billion of its foreign cash holdings to the U.S. this quarter, in one of the largest repatriation plans yet revealed.
Cisco plans to spend...