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Assume That X Inc)wishes to Enter into a Business Combination

Question 66

Essay

Assume that X inc)wishes to enter into a Business Combination with Y Inc.on January 1,20X1.X is unsure whether it should purchase Y's assets or liabilities or whether it should purchase all of Y's outstanding voting shares.X and Y are incorporated in different jurisdictions.On January 1,Y Inc was estimated to have various intangibles estimated to be worth a total of $ 1,000,000.Of this amount,$250,000 can be attributable to a Trademark owned by Y.
Required:
In the absence of any other figures,prepare a brief report explaining anything that would be of interest the Board of Directors of X Inc.

Correct Answer:

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Report to the Board of Directors of X In...

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