The holding company would not be entitled to deduct the stock as worthless until this asset had been disposed of along with the operating assets
Under the stock and asset purchase agreement MedQuist Inc will acquire substantially all of the US and Canadian operating assets
and selected liabilities of Spheris for approximately USD75.2m in cash, while another CBay Holdings subsidiary, CBay Inc, will acquire all of the outstanding ownership interests of Spheris India Private Limited in exchange for assuming its liabilities and a liability of Spheris related to Spheris India Private Limited.
Disposition of operating assets
. On the income statement, these gains and losses are excluded from operating income.
M-Wave chairman and CEO Joe Turek and divisional president Robert Duke will acquire the operating assets
of M-Wave Inc.
Changing the amount of debt does not affect the operating assets
or the profit before interest expense and, therefore, does not affect RNOA.
GreenMan Technologies, Lynnfield, MA, a recycler of over 30 million scrap tires per year in the U.S., has executed a letter of intent containing an exclusive option to acquire certain operating assets
of Tires Into Recycled Energy and Supplies (TIRES).
Economic Value Added and Measuring Operating Assets
But the Federal Reserve can impose rules on banking institutions, on matters such as forcing them to disperse their operating assets
to multiple locations to avoid paralysis in the wake of an attack.
Based on the facts and the above provisions, the IRS argued that the deemed sale of H&C's operating assets
was not a sale of property used, of held for use, in Dover U.K.'s business.
Ohlson (1995) and Feltham and Ohlson (1995), however, show that future profitability and firm value depend on growth in net operating assets
as well as current profitability.
(WaMu) has completed its acquisition of certain operating assets
of Jacksonville, Florida--based HomeSide Lending Inc., the U.S.