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Posted On: 03/04/2022 11:24:04 AM
Post# of 6857
It goes off the date that the deal closes not when it is announced. I am not certain of when that deal closed. A lot of companies sign LOI or other things and then put a PR out. They say the date the acquisition is expected to finalize. I think here it was September 30th. But a few days later if it closed on say Oct. 5th it would be acquired in Q4 and likely would not show up on the Q4 financials. You do not go off the date of the PR but rather when the deal closes. If the deal closed on or before Sept 30th then we could see it on Q4 financials, but since we do not know when it closed its a guess. It will be on Q1 10-Q though.
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