=5. Procureps, Inc. (P), is considering two possible acquisitions, neither of which promises any enhancements or synergistic
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=5. Procureps, Inc. (P), is considering two possible acquisitions, neither of which promises any enhancements or synergistic benefits. V1 is a poorly performing firm in a declining industry with a price-toearnings ratio of 10 times. V2 is a high-growth technology company with a price-to-earnings ratio of 40 times. Procureps is interested in making any acquisition that increases its current earnings per share.
All of Procureps's acquisitions are exchange of share mergers.
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