TITLE

Court case reduces merger costs

PUB. DATE
October 2000
SOURCE
Accountancy;Oct2000, Vol. 126 Issue 1286, p126
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the federal appeals court's reversal of a decision that would have raised the cost of mergers in the United States. Case background; Eighth U.S. Circuit Court of Appeals' rejection of the Internal Revenue Service's argument that Davenport Bank & Trust Co. could not deduct salaries paid to executives who worked on its merger with Norwest Corp.
ACCESSION #
3717357

 

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