In Wake of Coronavirus, Takeovers (And Liabilities) Loom
PYMNTS
FEBRUARY 19, 2020
We’re referring to transport, of course – and tourism , sporting events and one-off gatherings that are now shuttering. In accounting terms, that means eyeing possible write-downs of assets, and “write-ups” of liabilities. In one example, perhaps an extreme one, government takeovers may be in the offing.
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