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  "documentTitle": "Xylem Inc. (XYL)",
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  "presentationDate": "2023-08-09 00:00:00",
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      "text": "As a result of the Mar Cor Business acquisition, the Company recorded an Earn Out asset for $7,824...",
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      "text": "Spruce Point believes the earnout structure allowed Evoqua to book Adjusted EBITDA and earnings for a transaction where management implied a high probability of failing to meet targets.",
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      "text": "As a result of the Mar Cor Business acquisition, the Company recorded an Earn Out asset for $7,824 which represented the fair value of amounts expected to be received back from escrow based on the forecasted achievement of certain sales performance goals at the acquisition date. — Evoqua 10-K and 10-Q",
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