14.14 What is the fully diluted offer price (equity value) for a tender offer made to acquire...
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14.14 What is the fully diluted offer price (equity value) for a tender offer made to acquire a target whose pretender shares are trading for $1.50 per share? The tender offer includes a 30% premium to the target’s pretender share price. The target has basic shares outstanding of 70 million and 5 million options which may be converted into common shares at $1.60 per share.
Answer: $138.25 million
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Mergers Acquisitions And Other Restructuring Activities
ISBN: 9780128150757
10th Edition
Authors: Donald DePamphilis
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