GTA VI RUMOR & NEWS THREAD

Gizmo_Duck

blathering blatherskite!
Joined
Aug 15, 2018
Messages
75,460
Reputation
5,664
Daps
160,746
Reppin
Duckburg, NY
Damn you quick

A 2.9 billion dollar loss :picard:

I can see them pushing this shyt out whether its finished or not next october
 

MushroomX

Packers Stockholder
Supporter
Joined
Aug 17, 2013
Messages
27,021
Reputation
9,005
Daps
114,497
Reppin
Wisconsin
Calling Cap on 2.9 billion loss

Like how????

The company says the fiscal Q4 loss of $2.9 billion included a $2.18 billion goodwill charge, a $304.3 million hit for acquisition-related expenses, and restructuring costs of $93.3 million.

What is a Goodwill Charge?

Think of it as a Bonus... Let's say you have a business worth $5 Million Dollars, but I pay you $6 Million to acquire you; that $1 Million is the Goodwill Charge. So in this case Take-Two paid $2.18 Billion dollars extra to acquire a company's assets along with a bonus because of it's reputation.
 
Top