DTV » Topics » Darlene Transaction

This excerpt taken from the DTV 8-K filed Jun 1, 2009.

Darlene Transaction

        On January 30, 2007, we acquired Darlene's 14% equity interest in DLA LLC for $325 million in cash. We accounted for the acquisition of this interest using the purchase method of accounting.

        The following table set forth the final allocation of the excess purchase price over the book value of the noncontrolling interest acquired:

Goodwill

  $ 187  

Intangible assets

    75  
       

Total assets acquired

    262  
       
   

Net assets acquired

  $ 262  
       

        Intangible assets that are included in "Intangible assets, net" in our Consolidated Balance Sheets include a subscriber related intangible asset to be amortized over six years and a trade name intangible asset to be amortized over 20 years from the Darlene Transaction.

These excerpts taken from the DTV 10-K filed Feb 27, 2009.

Darlene Transaction

        On January 30, 2007, we acquired Darlene's 14% equity interest in DLA LLC for $325 million in cash. We accounted for the acquisition of this interest using the purchase method of accounting.

        The following table set forth the final allocation of the excess purchase price over the book value of the minority interest acquired:

Goodwill

  $ 187  

Intangible assets

    75  
       

Total assets acquired

    262  
       
   

Net assets acquired

  $ 262  
       

        Intangible assets that are included in "Intangible assets, net" in our Consolidated Balance Sheets include a subscriber related intangible asset to be amortized over six years and a trade name intangible asset to be amortized over 20 years from the Darlene Transaction.

Darlene Transaction

        On January 30, 2007, we acquired Darlene's 14% equity interest in DLA LLC for $325 million in cash. We accounted for the acquisition of this interest using the purchase method of accounting.

        The following table set forth the final allocation of the excess purchase price over the book value of the minority interest acquired:

Goodwill

  $ 187  

Intangible assets

    75  
       

Total assets acquired

    262  
       
   

Net assets acquired

  $ 262  
       

        Intangible assets that are included in "Intangible assets, net" in our Consolidated Balance Sheets include a subscriber related intangible asset to be amortized over six years and a trade name intangible asset to be amortized over 20 years from the Darlene Transaction.

Darlene Transaction





        On January 30, 2007, we acquired Darlene's 14% equity interest in DLA LLC for $325 million in cash. We accounted
for the acquisition of this interest using the purchase method of accounting.



        The
following table set forth the final allocation of the excess purchase price over the book value of the minority interest acquired:































































Goodwill

 $187 

Intangible assets

  75 
    

Total assets acquired

  262 
    
  

Net assets acquired

 $262 
    




        Intangible
assets that are included in "Intangible assets, net" in our Consolidated Balance Sheets include a subscriber related intangible asset to be amortized over six years and a
trade name intangible asset to be amortized over 20 years from the Darlene Transaction.





Darlene Transaction





        On January 30, 2007, we acquired Darlene's 14% equity interest in DLA LLC for $325 million in cash. We accounted
for the acquisition of this interest using the purchase method of accounting.



        The
following table set forth the final allocation of the excess purchase price over the book value of the minority interest acquired:































































Goodwill

 $187 

Intangible assets

  75 
    

Total assets acquired

  262 
    
  

Net assets acquired

 $262 
    




        Intangible
assets that are included in "Intangible assets, net" in our Consolidated Balance Sheets include a subscriber related intangible asset to be amortized over six years and a
trade name intangible asset to be amortized over 20 years from the Darlene Transaction.





This excerpt taken from the DTV 10-Q filed May 7, 2008.

Darlene Transaction

        On January 30, 2007, we acquired Darlene's 14% equity interest in DLA LLC for $325 million in cash and resolved all outstanding disputes with Darlene. We accounted for this acquisition using the purchase method of accounting.

24


THE DIRECTV GROUP, INC.

These excerpts taken from the DTV 10-K filed Feb 25, 2008.

Darlene Transaction

        On January 30, 2007, we acquired Darlene's 14% equity interest in DLA LLC for $325 million in cash. We accounted for the acquisition of this interest using the purchase method of accounting. In the fourth quarter of 2007, we completed the valuation of acquired intangible assets and finalized the purchase accounting, which resulted in adjustments decreasing the preliminary allocation of the purchase price to the acquired intangible assets by $30 million, goodwill by $9 million and deferred tax liabilities by $39 million.

        The following table set forth the final allocation of the excess purchase price over the book value of the minority interest acquired:

Goodwill   $ 187
Intangible assets     75
   
Total assets acquired     262
   
  Net assets acquired   $ 262
   

        Intangible assets that are included in "Intangible assets, net" in our Consolidated Balance Sheets include a subscriber related intangible asset to be amortized over six years and a trade name intangible asset to be amortized over 20 years from the Darlene Transaction.

Darlene Transaction





        On January 30, 2007, we acquired Darlene's 14% equity interest in DLA LLC for $325 million in cash. We accounted for the acquisition of this
interest using the purchase method of accounting. In the fourth quarter of 2007, we completed the valuation of acquired intangible assets and finalized the purchase accounting, which resulted in
adjustments decreasing the preliminary allocation of the purchase price to the acquired intangible assets by $30 million, goodwill by $9 million and deferred tax liabilities by
$39 million.



        The
following table set forth the final allocation of the excess purchase price over the book value of the minority interest acquired:













































Goodwill $187
Intangible assets  75
  
Total assets acquired  262
  
 Net assets acquired $262
  




        Intangible
assets that are included in "Intangible assets, net" in our Consolidated Balance Sheets include a subscriber related intangible asset to be amortized over six years and a
trade name intangible asset to be amortized over 20 years from the Darlene Transaction.





This excerpt taken from the DTV 10-Q filed Nov 7, 2007.

Darlene Transaction

        On January 30, 2007, we acquired Darlene's 14% equity interest in DLA LLC for $325 million in cash and resolved all outstanding disputes with Darlene. We are accounting for this acquisition using the purchase method of accounting.

This excerpt taken from the DTV 10-Q filed Aug 9, 2007.

Darlene Transaction

        On January 30, 2007, we acquired Darlene's 14% equity interest in DLA LLC for $325 million in cash and resolved all outstanding disputes with Darlene. We are accounting for this acquisition using the purchase method of accounting.

This excerpt taken from the DTV 10-Q filed May 10, 2007.

Darlene Transaction

        On January 30, 2007, we acquired Darlene's 14% equity interest in DLA LLC for $325.0 million in cash and resolved all outstanding disputes with Darlene. We are accounting for this acquisition using the purchase method of accounting.

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