Does the investor have representation on the board of directors, or has it attempted to gain representation and been unable to do so? Has the investee initiated litigation or complaints challenging the investor’s ability to exercise significant influence?
Course Project On January 1, 2014, Roberts Corporation acquired 40 percent of the outstanding voting stock of William Company in exchange for $600,000 cash. At that time, although William’s book value was $925,000, Roberts assessed William’s total business fair value at $1,500,000. The book values of William’s individual assets and liabilities approximated their acquisition date […]