3Com revised its restructuring charge for the June 1997 acquisition of US Robotics from $426 million to $270 million. The change is a response to a request from the SEC and resulted from the fact that the companies have different fiscal periods. The adjustments reflect a change in the timing and costs associated with product swap-outs, elimination of duplicate facilities, and
goodwill write-offs related to acquisitions by USR prior to the 3Com merger.
Be respectful, keep it clean and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.