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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Really?! Over a BILLION for AMCo "Goodwill"?
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Post by TheGreatKazoo on Sep 25, 2016 5:51pm

Really?! Over a BILLION for AMCo "Goodwill"?

Good grief!!!!  This must be a typo?  1/3 of the acquisition was "goodwill"?

On page 79 of the Business Acquisition Report.  I hope that is a typo because after the paki brothers have put their little grumby hands on AMCo, that "goodwill" isn't there if you talk to public opinion on the UK on pharma over-charging.  Good grief!

Net Assets Acquired Working capital .......  $ 69,918
Fixed assets ...................................................... 4,137
Intangible assets ......................................... 2,407,627
Goodwill ........................................................ 1,039,332
Comment by TSX2016 on Sep 25, 2016 5:57pm
This post has been removed in accordance with Community Policy
Comment by smallshort on Sep 26, 2016 1:53pm
If you look at the NHS crackdown and the bad press on AMCo in the UK, that goodwill has gone "Poof".  A write down of $1B  on that front should be hitting the books in the coming quarters?
Comment by PROtrading on Sep 26, 2016 2:05pm
There is ZERO "goodwill" here, it's all "badwill"!!!! ;-)  LOL
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