Payton also said the Air Force now considers sustainment of new acquisitions
early on in the process, to calculate those costs sooner rather than later.
The temporary regulations apply to acquisitions
completed after June 5, 2006.
, stronger management practices are needed to improve DoD's software-intensive weapon acquisitions
The implementation guidance provides examples of how to account for different business combinations and explanations of topics, such as definition of a business; measuring the fair value of the acquiree; intangible assets; illustration of disclosure requirements; and reverse acquisitions
. Following are some highlights:
In this environment, boards should use their expanded role to not only monitor management, but also to increase the probability of successful acquisitions
by adding value through their additional guidance and experienced counsel.
If the brokers cannot achieve organic growth because of a leveling in pricing, then they will continue to look to mergers and acquisitions
as a means to increase their market share.
* IN TAX-FREE ACQUISITIONS
THE SUCCESSOR ENTITY should carry on the predecessor's tax accounting for contingent liabilities as if nothing had occurred.
Not only that, but SCA has achieved this steady earnings growth while managing to swallow a number of large acquisitions
along the way--including Tuscarora in the United States and CartoInvest in Europe--apparently without any signs of indigestion.
TITLE: Information Management Issues in Mergers and Acquisitions
: A Manager's Briefing
With more than 50 acquisitions
under its corporate belt in the last decade alone, Paris-based Saint-Gobain is an experienced buyer of businesses large and small.
The fact that standards and R&D efforts remained rooted in midair didn't discourage companies seeking to be the dominant providers of next-generation Internet solutions from making 1999 the year of multimillion dollar acquisitions
of zero-revenue start-ups, particularly in the optical networking equipment arena.
Consequently, this proposal more closely resembles the facts in a number of cases approved by the Board involving acquisitions
by bank holding companies of minority positions in other institutions without the consent of the institutions' management.