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On January 1 , 2 0 2 5 , Culver Co . purchased 2 4 , 0 0 0 shares ( a 1 0 %
On January Culver Co purchased shares a interest in Elton John Corp. for $ At the time, the book value and the fair value of John's net assets were $
On July Culver paid $ for additional shares of John common stock, which represented a investment in John. As a result of this transaction, Culver owns of John and can exercise significant influence over John's operating and financial policies.
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