Question
These questions are regarding the merger of Shire & Baxalta The answer can be found in the S-4 form of shire S4 for Shire :
These questions are regarding the merger of Shire & Baxalta
The answer can be found in the S-4 form of shire
S4 for Shire :(http://otp.investis.com/clients/us/shire1/SEC/sec-show.aspx?Type=html&FilingId=11318308&CIK=0000936402&Index=10000 )
1. Given the purchase price and accounting adjustments to the target company's net assets, prepare the journal entry the acquiring company would have made to record the business combination.
2. Actual Financial Results To Date:
a) Calculate profitability ratio before and after the acquisition date for the consolidated financial statements. What type of financial results has the combined company achieved since the completion of the business combination? Have the financial results greater than expected, less than expected?
b) Has there been any impairment of goodwill since the completion of the business combination? If so, what were the amount and the reasons for impairment loss?
3. In your opinion, is the business combination successful or not, Give your reason for your answer (Hint: You can perform ratio analysis or quote from newspaper or any investor opinion)
Thank you for your help ~
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