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Consolidation Working Paper, Date of Acquisition On July 1 , 2 0 2 3 , Petra Foods acquired 7 5 percent of the common stock
Consolidation Working Paper, Date of Acquisition On July Petra Foods acquired percent of the common stock of Schmidt Confections. The $ billion purchase price was paid in cash. The acquisition entry is reflected below in the two companies' balance sheets just after the acquisition.
tableBalance Sheets at July Petra,Schmidttable$
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