MOLX » Topics » Business Combinations

These excerpts taken from the MOLX 10-K filed Aug 6, 2008.
Business Combinations
 
In December 2007, the FASB issued SFAS No. 141R, Business Combinations. SFAS 141R states that acquisition-related costs are to be recognized separately from the acquisition and expensed as incurred with restructuring costs being expensed in periods after the acquisition date. SFAS 141R also states that business combinations will result in all assets and liabilities of the acquired business being recorded at their fair values. We are required to adopt SFAS No. 141R effective July 1, 2009. The impact of the adoption of SFAS No. 141R will depend on the nature and extent of business combinations occurring on or after the effective date.
 
Business
Combinations



 



In December 2007, the FASB issued SFAS No. 141R,
Business Combinations. SFAS 141R states that
acquisition-related costs are to be recognized separately from
the acquisition and expensed as incurred with restructuring
costs being expensed in periods after the acquisition date.
SFAS 141R also states that business combinations will
result in all assets and liabilities of the acquired business
being recorded at their fair values. We are required to adopt
SFAS No. 141R effective July 1, 2009. The impact
of the adoption of SFAS No. 141R will depend on the
nature and extent of business combinations occurring on or after
the effective date.


 




EXCERPTS ON THIS PAGE:

10-K (2 sections)
Aug 6, 2008
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki