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Goodwill Impairment Drops to Five-Year Low

Tammy Whitehouse | October 29, 2014

Public companies reported the lowest levels of goodwill impairment in 2013 since the financial crisis touched off a downward spiral in corporate values beginning in 2008.

In its annual study of goodwill impairment, valuation firm Duff & Phelps founds public companies recorded write-downs totaling $21 billion in 2013, down nearly 60 percent from the $51 billion reported in 2012 and a fraction of the $260 billion reported in 2008. The average impairment amount across more than 5,100 companies included in the study fell to $108 million in 2013, down 50 percent from the prior year but still higher than the 2009 average amount of $86 million.

Franceschi-greg-1014The results suggest corporate values are generally holding...

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