Those are all goodwill considerations and ESPN most likely appreciated the fact that goodwill is an intangible asset that enhances the valueof an entity.
Thus, Arizona courts have interpreted the gift clause to mean that if the state or one of its municipal governments gives money to a private business entity, the public must get something back of equivalent value.
The announcement comes as a special sting to investors who held some hope Friday their investment, which has lost 77.2% of its value over the past year, would see some measure of return from an entity like KDB.
The U.S. Person owns, directly or indirectly, more than 50% of a corporation (vote or value), partnership (profits or capital) or other entity that owns the foreign financial account.
In both cases what really makes the entity valuable and successful is the very special way the intangibles and tangible assets come together to generate a present valueof future net income.