ACCOUNTING QUESTION: Goodwill created through 75% acquisition

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June 01, 2021

by a searcher from University of Pennsylvania - The Wharton School in Miami, FL, USA

Hello All
I am looking at acquiring 75% of a business and seeking some high level input on structure so as to get the benefit of goodwill creation and avoiding taking on any existing liabilities. it is a small simple business with sub $1M EBITDA and basically $0 in assets.

Thoughts?

Thank you!

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