Those standards (SFAS 141 and 142) eliminated pooling of interests accounting
and did away with amortization of goodwill, but required acquirers to appropriately allocate the purchase price to identifiable intangible assets.
PepsiCo said it does not expect to sell additional shares of its Capital Stock in order to achieve the pooling of interests accounting
Inc, making the most of what could be the final months of the pooling of interests accounting
method, has snapped up another company; this time buying Online Anywhere for $80m in Yahoo stock.
As already implied, pooling of interests accounting
is conceptually quite simple.
It was noted previously that pooling of interests accounting
normally results in higher--and often much higher--earnings than when purchase accounting is used.
114] states that "(the) elimination of pooling of interests accounting
results in comparability in accounting for business combinations.
The merger is expected to be based on pooling of interests accounting
and the combined company will operate as ROI Corporation.
Certain statements in this release are forward-looking including statements relating to InfoCure's ability to achieve success through the addition of Datamedic's workforce, customer base and product set, to build on leading positions in ophthalmology, oncology, and other specialties through this business combination, to account for the transaction under pooling of interests accounting
, to close the transaction in the quarter ending December 31, 1999, and to file with the Securities and Exchange Commission a registration statement on Form S-4 with respect to the shares to be issued by InfoCure in the transaction.
FASB intends to limit the use of pooling of interests accounting
to mergers in which there is no clear acquirer and there is a mutual sharing of risks and benefits by the combining shareholders in the combined entity.
The repurchase of up to 100,000 shares generally represents the maximum number of shares that may be repurchased while preserving pooling of interests accounting
treatment for that transaction, which closed effective March 5, 1999.
The transaction is also conditional on satisfying pooling of interests accounting
requirements and on certain other conditions.
Nasdaq: DSLGF) for pooling of interests accounting