Imo you can't book revenue before the deal is closed, but I'm not an expert on this. But I think there should be a transfer of business or trade date set, if they can have such a date before the lawyers done their thing.....hmm, doesn't sound right to me.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.