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Six companies could be set for writedowns, the WSJ reckons, as they are carrying more goodwill...
Six companies could be set for writedowns, the WSJ reckons, as they are carrying more goodwill than they are worth. Eg, Nasdaq's (NDAQ) market cap is $3.9B but it has goodwill of $5.1B following its 2008 purchase of OMX for $4.4B. The other companies include Frontier Communications (FTR) and Republic Services (RSG).
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