http://ww2.cfo.com/cash-flow/2013/01/the-envelope-please-the-2012-capital-deployment-awards/

Is it reasonable to conclude from reading the article that firms would achieve higher TSR by making acquisitions or stockpiling cash? Why or why not? What additional information would you need to properly assess the impact on shareholder wealth of the various capital deployment choices described in the article?

I am horrible at finance - but I think the article states that acquisitions are better for achieving higher total shareholder return than stockpiling cash. I can't idenitfy a solid justification for this in the article.... What other information would be helpful to assess the impact on shareholder wealth of alternative deployment choices listed in the article?