What happens to acquired firm cash?

[WilliamMGary]

I haven't taken the time out to find out, but does anyone knows what happens to the acquired company cash?

For example:

Firm A merger with Firm C who has $30 billion in cash, what happens to the $30 billion? I know shares carry over, but not sure about the cash on the books.

[tosh]

a big merger party?

[WilliamMGary]

I might need to test this out because if the cash doesn't transfer I think storing the firm cash into equity and then merge and sell might be a way to get it to carry over, if it doesn't already.

[counting]

Cash does transfer.

The debt(loan) as well.

[WilliamMGary]

Thank you.