Bargain Purchase

Bargain Purchase

A purchase with a price lower than fair market value, or at least lower than competitors' prices. It is also called simply a bargain.
References in periodicals archive ?
TFI recorded a C$10.8 million bargain purchase gain on the acquisition of assets of bankrupt courier BeavEx, reflecting that it paid well below the market value.
Larger art pieces are also available via raffle and bargain purchase. For information, contact emptybowls@oakton.edu or (847) 635-1699.
The company expects third quarter 2018 net income attributable to Ryerson Holding Corporation in the range of $77M to $80M, which includes a gain on bargain purchase from the acquisition of the Central Steel & Wire Company valued at approximately $73M subject to final measurement.
Non-cash bargain purchase gain of USD 2.0 million in the first quarter of fiscal 2019 versus non-cash bargain purchase gain of USD 0.5 million in the same quarter of the prior year
Other income swelled to P245 million for the first quarter from P4 million for the same period last year, largely due to higher foreign exchange gain, gain on derivative, and gain on bargain purchase resulting from the business combination with LBC Mabuhay Saipan.
* The acquirer (not the acquiree) recognizes bargain purchase gains, whereas the acquiree reflects any bargain purchase gains in additional paid-in capital (APIC) (ASC 805-50-30-11).
xG subsequently recorded a bargain purchase gain on the acquisition of approximately USD 2.7m after receiving an independent valuation of the assets acquired.
The decrease in earnings was due to the Company realizing a USD2,848,000 bargain purchase gain during the third quarter of 2015 which resulted from the acquisition of St.
Last night it was also claimed Chappell flew to Italy to buy a new yacht after striking the bargain purchase with Sir Philip Green last March.
Net income increased by USD3.591m, or 275.59 percent for 2015, when compared to 2014, primarily due to the bargain purchase gain of USD2.848m that resulted from the conversion merger with St.
For the full year of 2015, net income was $53.8 million, or $1.68 per diluted share, up 40.2% from the prior year after adjusting for the bargain purchase gain and merger and integration costs recorded primarily in conjunction with the August 31, 2014 acquisition of Central Bancorp, Inc.
"A bargain purchase can give you a very positive feeling because you are feeling happy that you have managed to solve a problem and to get an offer."