Is the US pooling ban good for the UK?
David Cheyne, head of M&A, Linklaters Andrew Harting, senior associate, Weil Gotshal & Manges Michael Goroff, partner, Milbank Tweed Hadley & McCloy The US Financial Accounting Standards Board (FASB) has voted to ban the pooling of interests accounting method for mergers and acquisitions. Pooling allows companies in all-stock transactions to combine books without recording merger-related […]