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Assuming consistency, intentionality, purposefulness, and rationality on the part of individuals invariably leads to misunderstanding and possibly false assumptions.
Acquired Company
A company that has been purchased or taken over by another company, often through a merger or acquisition.
Consolidated Results
Financial statements that show the aggregate of parent company and subsidiary performances as if they were a single company.
Separate Incorporation
The process by which a new corporation is formed as a distinct legal entity, separate from its owners.
Direct Combination Costs
Expenses directly incurred in the process of acquiring or merging with another company, such as legal fees, consultancy fees, and administrative expenses.
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