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📅 2026-03-08T11:42:55.790Z
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A total of $2.0 million
of the purchase price, which had been deposited into escrow accounts to satisfy potential indemnity claims, was
distributed to the sellers in March 2009. The shares of common stock issued to each selling shareholder of Greenline
were released in two equal installments on December 20, 2008 and December 20, 2009, respectively. The value
ascribed to the shares was discounted from the market value to reflect the non-marketability of such shares during the
restriction period. The purchase price allocation is as follows (in thousands):
Cash
Accounts receivable
Amortizable intangibles
Goodwill
Deferred tax assets, net
Other assets, including investment in TradeHelm
Accounts payable, accrued expenses and deferred revenue
Total purchase price

$ 6,406
2,139
8,330
29,405
3,410
1,429
(8,701)
$42,418

The amortizable intangibles include $3.2 million of acquired technology, $3.3 million of customer relationships,
$1.3 million of non-competition agreements and $0.5 million of tradenames. Useful lives of ten years and five years
have been assigned to the customer relationships intangible and all other amortizable intangibles, respectively. The
identifiable intangible assets and goodwill are not deductible for tax purposes.
The following unaudited pro forma consolidated financial information reflects the results of operations of the
Company for the years ended December 31, 2008 and 2007, as if the acquisition of Greenline had occurred as of the
beginning of the period presented, after giving effect to certain purchase accounting adjustments. These pro forma
results are not necessarily indicative of what the Companys operating results would have been had the acquisition
actually taken place as of the beginning of the earliest period presented. The pro forma financial information

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Table of Contents

MARKETAXESS HOLDINGS INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  (Continued)
includes the amortization charges from acquired intangible assets, adjustm