Lynde Co. is a U.S.based MNC with a large subsidiary in the Philippines financed with equity from
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Lynde Co. is a U.S.–based MNC with a large subsidiary in the Philippines financed with equity from the parent. In response to news about a possible change in the Philippine government, the subsidiary revised its capital structure by borrowing from local banks and transferring the equity investment back to the U.S. parent. Explain the likely motive behind these actions.
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