WBMD » Topics » 2008 Investment

This excerpt taken from the WBMD 8-K filed Jul 2, 2009.
2008 Investment
 
On November 19, 2008, the Company acquired Series D preferred stock in a privately held company. The total investment was approximately $6,471, which includes approximately $470 of acquisition costs and is included within other assets in the accompanying balance sheet as of December 31, 2008. Since the Company does not have the ability to exercise significant influence over this company, the investment is accounted for under the cost method.
 
These excerpts taken from the WBMD 10-K filed Feb 27, 2009.
2008 Investment
 
On November 19, 2008, the Company acquired Series D preferred stock in a privately held company. The total investment was approximately $6,471, which includes approximately $470 of acquisition costs and is included within other assets in the accompanying balance sheet as of December 31, 2008. Since the Company does not have the ability to exercise significant influence over this company, the investment is accounted for under the cost method.
 
2008
Investment



 



On November 19, 2008, the Company acquired Series D
preferred stock in a privately held company. The total
investment was approximately $6,471, which includes
approximately $470 of acquisition costs and is included within
other assets in the accompanying balance sheet as of December
31, 2008. Since the Company does not have the ability to
exercise significant influence over this company, the investment
is accounted for under the cost method.


 




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