M&A income statement adjustments & deferred tax assets/liabilities?
I got these two questions with Citi M&A group. please feel free to share your thoughts and thanks for your help in advance.
1. What certain adjustments on the income statement you have to make in an M&A transaction, i.e. foregone interest income on cash?
2. When company A is buying B, would you expect the transaction to create deferred tax assets or liabilities?
Thanks a lot.