With those firms, accounting questions have been raised, including whether revenues were booked on round-trip trades.
But Stephen Munger, Morgan Stanley's co-head of global mergers and acquisitions, said he thought that companies would cut off the acquisition process if accounting questions were raised.
HP has shared the results of its investigation into accounting questions at Autonomy with lawyers representing the shareholders, the source familiar with the negotiations said.
Yet by the end of the day, the market reaction appeared to be mainly an indication of how sensitive investors are to accounting questions these days.
Typically, there is then a back-and-forth with regulators about the document (dealing with things like accounting questions, disclosure requirements, and so on), and it goes through a number of revisions before the official S-1 is released.
Seeking to reverse a steep decline in its share price touched off by accounting questions, Royal Ahold, the Dutch-based supermarket chain, promised today to provide more detailed information about its financial statements.
Were you or your mutual fund blind-sided when Tyco International, Enron, or even IBM plummeted after accounting questions were raised?
After the recommendations came accounting questions, federal probes of dark doings in the California energy crisis and a near-freeze on the energy trading industry's credit from anxious lenders.
Worse, SunEdison had to delay its financial report because of accounting questions, so the company, already deeply in debt, couldn't borrow more money.
