Calculating Synergy Evan, Inc., has offered $340 million cash for all of the common stock in Tanner
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Calculating Synergy Evan, Inc., has offered $340 million cash for all of the common stock in Tanner Corporation. Based on recent market information, Tanner is worth
$317 million as an independent operation. If the merger makes economic sense for Evan, what is the minimum estimated value of the synergistic benefits from the merger?
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Related Book For 
Corporate Finance With Connect Access Card
ISBN: 978-1259672484
10th Edition
Authors: Stephen Ross ,Randolph Westerfield ,Jeffrey Jaffe
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