In Wake of Coronavirus, Takeovers (And Liabilities) Loom
PYMNTS
FEBRUARY 19, 2020
In accounting terms, that means eyeing possible write-downs of assets, and “write-ups” of liabilities. One standout: Operating leases – tied to the real estate that is owned or is integral to a company’s daily activities – could be written down. In other instances, companies could vacate holdings and locations in Asia.
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