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Essay's paper info
Topic: Business
Number of pages / Number of words: 12 / 3164
Essay's paper body

The results

of the Transportation Vehicles segment have been reported separately as

discontinued

operations for each year presented. On November 14, 1995, the Company acquired

substantially all of the common stock and common stock equivalents of Eaglemark

Financial Services, Inc. that it did not already own...


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that it did not already own. The purchase price was

approximately $45 million, which was paid from internally generated funds and

short-term borrowings. The Company has included the results of operations of

the Financial Services segment ($3.6 million) in its statement of operations

for the year ended December 31, 1995 as though it had been acquired at the

beginning of the year and deducted the preacquisition earnings as part of non-operating

expense...


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