Essay
Assume that X Inc. wishes to enter into a Business Combination with Y Inc. on January 1, 2017. X is unsure whether it should purchase Y's assets or liabilities or whether it should purchase all of Y's outstanding voting shares. X and Y are incorporated in different jurisdictions. On January 1, Y Inc was estimated to have various intangibles estimated to be worth a total of $1,000,000. Of this amount, $250,000 can be attributable to a Trademark owned by Y.
Required:
In the absence of any other figures, prepare a brief report explaining anything that would be of interest the Board of Directors of X Inc.
Correct Answer:

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