> I can and do. Then you're wrong. That isn't how company book value works. A company's book value is the total of its assets minus the total of its liabilit

> I can and do. Then you're wrong. That isn't how company book value works. A company's book value is the total of its assets minus the total of its liabilities. Removing an asset from the calculation without adjusting the liabilities is just wrong. It isn't proper accounting. > I disagree, except if you care to shell out <10 million and say "see it's worth something!" which is disingenuous. The amount to maintain the remnants will dwarf the cost of acquisition, making it a net loss. What numbers do you have to support this? What portion of Yahoo's liabilities are coming along with the assets Verizon wants to buy?