Question
During 2019 and 2018, the company acquired five businesses for an aggregate consideration of $440.4 million (net of cash acquired), one of which was
During 2019 and 2018, the company acquired five businesses for an aggregate consideration of $440.4 million (net of cash acquired), one of which was Proseal. Exhibit 6 provides information about Proseal as of the date of the acquisition (June 30, 2019). The total consideration paid for Proseal (net of cash acquired) was $275.3 million. What was the amount of goodwill recorded as a result of this acquisition?
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Authors: J. David Spiceland, James Sepe, Mark Nelson
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