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Exact(31)
But a further pooling of interests looks likely.
We think the Financial Accounting Standards Board will eliminate pooling of interests.
The transaction will be accounted for as a pooling of interests.
If all goes as planned, no merger announced after June 30 will be able to use pooling of interests accounting.
Chrysler and Daimler are seeking to minimize taxes by treating the deal as a so-called pooling of interests.
The transaction, which will be accounted for as a pooling of interests, will be tax-free to shareholders.
Similar(29)
The deal used Microsoft stock in a pooling-of-interests transaction.
The pooling-of-interests structure will allow BHP and Billiton to maintain a measure of independence.
Studies consistently show that the market does not reward companies for using pooling-of-interests accounting.
The Securities and Exchange Commission told Star the acquisition was subject to purchase accounting rather than pooling-of-interests accounting.
In contrast, acquisitions that are at least 90% paid for in shares, and meet a number of other requirements, can be accounted for under the pooling-of-interests method.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com