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challe08

11/22/14 5:43 PM

#77202 RE: RealDutch #77199

I don't see how they can book a whole quarter of revenue from the WC's if they acquire it now or in a week, that can't be right, or??
I think it has happened before. I think it was CF1. It takes the lawyers a while to approve a deal.


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.