Thermo Fisher Q3 2026 Earnings: 6% Organic Growth, $6.68 EPS and a $9.1B Clario Bet
Thermo Fisher Q3 2026: revenue rose 9% to $12.14B and adjusted EPS 15% to $6.68, as the $9.1B Clario deal added $5.9B of goodwill and new debt.
#mergers-and-acquisitions
Mergers and Acquisitions
Accounting guidance for business acquisitions, goodwill, purchase price allocation, and deal structuring
QSub Elections, Explained: How an S Corporation Puts a Subsidiary on Form 8869
IRS Form 8869 folds a wholly owned subsidiary into its S corporation parent return — one federal filing, two legal entities, a five-year bar if it breaks.
Good Leaver vs. Bad Leaver: What Happens to Your Founder Equity When You Leave
A bad-leaver exit can claw back vested founder shares at cost. Negotiate narrow cause, good-reason rights, and file IRS Section 83(b) in 30 days.
Single-Trigger vs. Double-Trigger Acceleration: What Happens to Your Vesting When Your Startup Is Acquired
Single-trigger vests your equity at closing; double-trigger also needs a qualifying termination within ~12 months. Know which your grant has.
Due Diligence Checklist for Buying an Existing Business: Quality of Earnings, Working Capital, and SBA 7(a) Requirements
SBA 7(a) acquisition loans now need 1.25x coverage and a QoE above $3M — verify earnings, peg working capital, and diligence tax before you close.
Constellation Brands Q2 FY2027 Earnings: Beer Makes 94% of Sales and All the Profit
Constellation Brands' Q2 FY2027 net sales rose 6% to $2.63B and EPS rose 25% to $3.32. Beer earned $964M at a 39.0% margin; wine and spirits earned $6M.
Cintas Q1 FY2027: 51.5% Gross Margin on $3.01B, With UniFirst Pending
Cintas Q1 FY2027 revenue rose 10.9% to $3.01B with a record 51.5% gross margin; five years of filings show which cost lines moved it.
Buying a Small Business With an Earnout: Bridging the Valuation Gap Without Blowing Up Your Books
Earnouts pay out about 21 cents per promised dollar. Buyers book them at fair value under ASC 805; sellers report under IRS installment rules.
McCormick Q3 FY2026: 17% Sales Growth, a $0.36 Quarter, and the $142M Between Them
McCormick's Q3 FY2026 sales rose 17.4%, only 1.9 points organic; $141.5M of merger and impairment charges cut EPS to $0.36 while adjusted EPS held $0.86.
The Deal Died — Can You Deduct What You Spent? Abandoned Acquisition Costs as a Section 165 Loss
IRS rules let dead-deal fees become an ordinary Section 165 loss in the year you abandon — if you split investigatory from facilitative costs and prove the end.
Rocket Lab Q2 2026 Earnings: Record $234M Revenue, a $2.36B Backlog and $1.9B of New Equity
Rocket Lab's Q2 2026 revenue rose 62% to $234.1M and its net loss narrowed to $49.3M, but $1.87B of new paid-in capital in six months funded the growth.
Can You Sell a Business With an SBA Loan? Payoff, Short Sale, or Assumption
Yes — with lender approval. Pay off your SBA loan from sale proceeds, negotiate a short sale, or transfer it via buyer assumption.