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On August 27, 2015, Celgene Corporation acquired all of the outstanding stock of Receptos Inc, in...

On August 27, 2015, Celgene Corporation acquired all of the outstanding stock of Receptos Inc, in exchange for $7.6$ billion in cash. Referring to Celgene's 2015 financial statements and its July 14, 2015, press release announcing the acqusition , answer the following questions regarding the Receptions acquisition.

1.Why did Celgene acquire Receptos?

2. What accounting method was used, and for what amount, to record the acquisiton?

business   accounting   
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Answer #1

As per rules I have answered The First QuestionA business Combrations the Union O the Sma }-b Com bined unt s no as b usiness units ỉnto one. T neto usiness Com bration, oseS. A business the epfrciency Orn-One tini OY nlly ica Yedu C Costs an en cohici, con be conve Yted to cas . For e Euildiq s ASset lhe Com pan y, e Com parn Accounts receivables, s hnes, n Swance E guip ment, Policies etc. In anau fa chun7 osve the elements af lhe assels e a Ssets , i lhey auon ths shones individuals cwhen oodcoi asset. T axises cohen one Co mpan one fo a premium mean s the exlva han the maket volue of the companleare move;nnovativc a volo1O oder to mantein a goed coi Il oy Propenty and Sheel bu Jkey art geneli Je alesan d ее yevenuesReport Eero) ; 지 is a type of depiction in oohich all the The veason octron c be undenslod rom the Pyess re lease of the celq

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Answer #2
What are receptors
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