In a pooling of interests,

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In a pooling of interests, the revenues and expenses of both companies involved in the combination are consolidated for the entire fiscal year, regardless of when the combination occurred. This is because a pooling of interests is only allowed if the two companies have been operating as if they were a single entity before the combination. As such, there is no need to use fair values or recognize goodwill, and the transaction is not regarded as an acquisition. Finally, while the transaction may involve the exchange of different securities, this is not a defining characteristic of a pooling of interests.

In a Pooling of Interests