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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by mingzhuon Sep 21, 2016 3:46pm
265 Views
Post# 25262330

Oct 1st seems the due date for 207 m payment.

Oct 1st seems the due date for 207 m payment.The
purchase
consideration
due
to
the
former
owners
of
AMCo
was
part
of
the
consideration
paid
for
the
acquisition
of
AMCo.
The
Company
is
obligated
to
pay
the
Vendors
of AMCo
a
maximum
cash
earn-out
of
£144
million
based
on
AMCo’s
future
gross
profit
over
a
period
of
12
months
from
October
1,
2015
to
September
30,
2016.
Management has
estimated
the
full
amount
of
this
earn-out
will
be
paid
in
the
fourth
quarter
of
2016
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