How did Hershey account for Amplify’s cash acquired in the business combination?
As we all know Hershey Company has entered into a definitive agreement to acquired Amplify's Snack Inc $1.6 billion. The Harshey and Amplify's both are wellknown brand to everyone. The agreement has been approved by the board of directors of both companies, who collectively represented 57% of the outstanding shares have agreed to tender their shares in the transaction. Hershay has agreed to acquired all of the outstanding shares of Amplify's snack brands, for $12 per share. The transaction has initiated with cash on hand and new debt. This is not expected of any kind of bad effect on Hershey's current rating according to the company.
It is an important step and planned for acquistion of Amplify and it's product portfolio to become an innovative snacking powehouse. The Hershey company has expected to run wealthy or effective shareholder value through the expansion of growth and margin. After the business combined, In north america Harshey biggest market rose.
How did Hershey account for Amplify’s cash acquired in the business combination?
In a pre-2009 business combination, Acme Company acquired all of Brem Company’s assets and liabilities for cash. After the combination Acme formally dissolved Brem. At the acquisition date, the following book and fair values were available for the Brem Company accounts: Book Values Fair Values Current assets $ 56,800 $ 56,800 Equipment 157,000 220,000 Trademark 0 330,000 Liabilities (68,800 ) (68,800 ) Common stock (100,000 ) Retained earnings (45,000 ) In addition, Acme paid an investment bank $28,100 cash for...
In a pre-2009 business combination, Acme Company acquired all of Brem Company’s assets and liabilities for cash. After the combination Acme formally dissolved Brem. At the acquisition date, the following book and fair values were available for the Brem Company accounts: Book Values Fair Values Current assets $ 81,800 $ 81,800 Equipment 131,000 198,000 Trademark (0) 352,000 Liabilities (67,800 ) (67,800 ) Common stock (100,000 ) (0) Retained earnings (45,000 ) (0) In addition, Acme paid an investment bank $31,200...
what is the difference in consolidated results between a business combination whereby the acquired company is dissolved, and a business combination whereby separate incorporation is maintained?
In a pre-2009 business combination, Acme Company acquired all of Brem Company’s assets and liabilities for cash. After the combination Acme formally dissolved Brem. At the acquisition date, the following book and fair values were available for the Brem Company accounts: Book Values Fair Values Current assets $ 63,200 $ 63,200 Equipment 150,000 216,000 Trademark 0 324,000 Liabilities (68,200 ) (68,200 ) Common stock (100,000 ) Retained earnings (45,000 ) In addition, Acme paid an investment bank $32,100 cash for...
Hershey acquired Brookside Foods (a Canadian candy company) in 2012. What was the total purchase price? How much goodwill was created?
In a pre-2009 business combination, Acme Company acquired all of Brem Company’s assets and liabilities for cash. After the combination Acme formally dissolved Brem. At the acquisition date, the following book and fair values were available for the Brem Company accounts: Book Values Fair Values Current assets $ 81,800 $ 81,800 Equipment 131,000 198,000 Trademark 0 352,000 Liabilities (67,800 ) (67,800 ) Common stock (100,000 ) Retained earnings (45,000 ) In addition, Acme paid an investment bank $31,200 cash for...
The Hershey Company ("Hershey"): Give a brief introduction of the company: domicile, industry, year founded, how is it global, etc. Who owns the majority of the voting power? Why? Corporate Social Responsibility (CSR) Any interesting facts/nuances It is stated to check out the Hershey website, where none of this information is shown.
On December 31, year 1, Saxe Corporation was acquired by Poe Coporation. In the business combination, Poe issued 200,000 shares of its $10 par common stock, with a market price of $10 a share, for all of Saxe's common stock. The Stockholders' equity section of each company's balance sheet immediately befoe the combination was POE SAXE Common stock: $3,000,000 $1,500,000 Additional paid in capital: 1,300,000 150,000 Retained Earnings: 2,500,000 850,000 Total: 6,800,000 2,500,000 In...
a) What biological system did the Hershey Chase experiment use to determine that DNA was the genetic material? Why was this experiment an improvement on the Griffith experiment? b) Which base pairing interaction is stronger? Why? What physical approach can we use to measure this interaction strength?
Which of the following situations best describes a business combination to be accounted for as a statutory merger? a) All of the outstanding stock of a company is acquired b) Cash or other consideration is exchanged for total net assets of another company. c) Two companies combine to form a new third company, and the original two companies are dissolved. d) One company transfers assets to another company it has created. What is the correct answer ?