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Acquisition accounting rules require the parent company to account for the full acquisition price, but the sub maintains their separate financial statements at book value.

  1. Acquisition accounting rules require the parent company to account for the full acquisition price, but the sub maintains their separate financial statements at book value. How does Disney reconcile this difference?
  2. What other insights into this challenge can be found in examples from accounting for Disneys acquisitions of Lucasfilm and Pixar?

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