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Ex 2.4 In 2015, Veris Communications, Inc. acquired AUL Inc. for consideration valued at $4,141 million....

Ex 2.4

In 2015, Veris Communications, Inc. acquired AUL Inc. for consideration valued at $4,141 million. AUL's net assets acquired had the following fair values at the acquisition date:
(in millions) Fair Value
Identifiable intangible assets $2,504
Other Assets 1,551
Liabilities (1,852)
Total Identifiable net assets $2,203
Goodwill 1,938
Total purchase price     $4,141

Identifiable intangible assets consist primarily of acquired technology and customer relationships.
Assume Veris paid cash for the acquisition, and also incurred $200 million in cash payments for bankers' fees, consulting fees, and restructuring costs.

Required:
Prepare Veris' journal entry to record its acquisition of AUL, as a merger.

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