| Topic Name: |
Naive M&A/Accounting question |
| Message Name: |
You idiot... |
| Date Posted: |
02/29/2000 |
| In Reply To: |
Why would you assume an increase? With the tax advantages of pooling, there should be cooling off. |
| Message: |
There's no tax effect of pooling. It's purely accounting, a way of making earnings look better through no asset writeup.
Learn your M&A before you repsond, dumbass.
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