An entity may gain control without transferring consideration through any of the following ways:

• The acquiree repurchases a sufficient number of its own shares for an existing investor (the acquirer) to obtain control.
• Minority veto rights lapse that previously kept the acquirer from controlling an acquiree in which the acquirer held the majority voting rights.
• A combination by contract alone.

Consolidation Implication:
In a business combination achieved without the transfer of consideration, goodwill is determined by using the acquisition-date fair value of the acquirer’s interest in the acquiree (measured using a valuation technique) rather than the acquisition-date fair value of the consideration transferred. The acquirer measures the fair value of its interest in the acquiree using one or more valuation techniques that are appropriate in the circumstances and for which sufficient data is available. If more than one valuation technique is used, the acquirer should evaluate the results of the techniques, considering the relevance and reliability of the inputs used and the extent of the available data.