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On january 1, 2017, holland corporation paid $9 per share to a group of zeeland corporation shareholders to acquire 60,000 shares of zeeland's outstanding voting stock, representing a 60 percent ownership interest. the remaining 40,000 shares of zeeland continued to trade in the market close to its recent average of $8.00 per share both before and after the acquisition by holland. zeeland's acquisition date balance sheet follows:
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On january 1, 2017, holland corporation paid $9 per share to a group of zeeland corporation sharehol...
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