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Reacquired Rights

GAAP Part 4.4 Reacquired Rights

Exception 04 - Reacquired Rights - Intangible Assets (ASC 805-20)

Did you reacquire a right that you had previously granted to the acquiree for them to use one or more of your recognized or unrecognized assets? Examples of such rights include a right to use the acquirer's trade name under a franchise agreement or a right to use the acquirer's technology under a technology licensing agreement - Such assets are called reacquired rights when they are reacquired under a business combination. *
Do not complete.

Initial Measurement of Reacquired Rights (ASC 805-20)

Recognize the reacquired right intangible asset at its acquisition-date fair value as part of the accounting for the business combination.