Posted On: 11/16/2012 2:20:31 AM
Post# of 3881
Re: iftheresaway #3192
The unaudited pro forma condensed combined financial information has been prepared by Fusion using the acquisition method of accounting in accordance with U.S. GAAP. Fusion has been treated as the acquirer in the merger for accounting purposes. The acquisition accounting is dependent upon certain valuation and other studies that have yet to commence or progress to a stage where there is sufficient information for a definitive measurement. The assets and liabilities of ISG and NBS have been measured based on various preliminary estimates using assumptions that Fusion believes are reasonable based on information that is currently available. Differences between these preliminary estimates and the final acquisition accounting will occur, and those differences could have a material impact on the accompanying unaudited pro forma condensed combined financial statements and the combined company’s future results of operations and financial position. The pro forma adjustments are preliminary and have been made solely for the purpose of providing unaudited pro forma condensed combined financial statements prepared in accordance with the rules and regulations of the Securities and Exchange Commission.
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