Question about a hostile take over
Hey guys,
I have a few question about a takeover. Think Gordon Gekko's attempt to take over the airline company at the end of Wall Street.
1) Pending a liquidating dividend, will gains as each asset is liquidated be reported in Other Comprehensive Income?
2) If all the assets of the takeover company which ends up controlling the takeover target sold, all of its liabilities repaid, the takeover company's cash account fuly paid out, and the takeover company dissolved, will the dividends paid be a combination of "returns on capital and returns off capital?"