And in the end, the acquisition costs were not $40 million, but at least $420 million.
All properties were eventually sold at substantial premiums to their acquisition cost.
In this case the excess is often sold off to recapture some of the acquisition cost.
At that time, taxes will be due only on the acquisition cost, which is often low.
The acquisition cost of shares, on the other hand, is not deductible.
In the 1994 period, however, the bank took a $40 million charge related to acquisition costs.
The technology reduces data acquisition costs and provides the information free of cost.
The building's $800,000 acquisition cost and the $2.41 million needed for renovations came from a variety of sources.
That brings the group's total acquisition cost to $1.6 billion.
The total acquisition cost came to some $23.5 million, he said.