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Ann: Trading Halt, page-89

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  1. 24 Posts.
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    Hi Captain Steve, an intangible such as goodwill is generated from paying more than the book value of a company. If that is subsequently written off then you’re recognising that the value of the
    acquired business does not support the premium you paid for it. So I don’t think you are right in saying you haven’t paid for it.
 
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