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Assessment for Complex Acquisition Matter
Assessed effect on earnings, cash flow, and stock price of allocating
acquisition costs to land, intangibles and property, plant, and
equipment. Estimated the bid advantage to an acquirer in a tax-free
versus taxable transaction. Monitored and interpreted regulatory
factors affecting future acquisition targets and industry restructuring.
Liquidity and Solvency Analysis
Developed analyses of franchiser liquidity, solvency, and working
capital requirements. Analyses used in negotiations to successfully
reduce Federal Trade Commission (FTC) demands for consumer redress
of $9 million by 60 percent for violation of the FTC Act and FTC
Franchise Rule in the sale of printing and sign-making franchises.
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