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Old 21st October 2015 | 11:08
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Lychee
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Joined: Jun 2006
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From: uk
With regards to the Bond name going as with most takeovers a certain amount is put onto the balance sheet as goodwill, and is shown as a credit, ie how much is the 'brand' worth, therefore the name is often retained for a certain period. Over time it is decreased and naturally phased out. Maybe the Bond name (and its associated loss record) is no longer assumed to be a positive for the new company?
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