Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

Exercise 20

On April 1, 2009, The Dow Chemical Company completed its acquisition of Rohm and Haas Company.Dow Chemical paid $15,681 million cash consideration to Rohm and Haas stockholders in exchange for their ownership shares.Rohm and Haas continued as a wholly owned subsidiary of Dow Chemical.
Refer to Dow Chemical's 2009 second-quarter report, as well as related standards, to answer the following questions:
Did Dow Chemical recognize any acquired contingencies for its acquisition of Rohm and Haas If it did, how were they measured If not, why not