easy · Investment Banking

What is the proper treatment of a target company's existing Goodwill during a Purchase Price Allocation?

  1. It is amortized immediately as a transaction expense on the income statement.
  2. It is carried over to the pro-forma balance sheet and added to the new Goodwill.
  3. It is revalued to Fair Market Value based on current market multiples.
  4. It is eliminated and replaced by the new Goodwill calculation.

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