=+e on 31 December 2003 XTRA plc should acquire 1,440,000 of the issued ordinary shares of VDO

Question:

=+e on 31 December 2003 XTRA plc should acquire 1,440,000 of the issued ordinary shares of VDO plc; e e XTRA plc should pay cash of 12 pence for each VDO ple share, plus a one for one share exchange. At the date of the offer the market price of a share in XTRA plc was €1.20 per share and the market price of a share in VDO ple was €1.15 per share. XTRA ple shares had remained relatively stable at approximately €1.20 per share during 2003, whereas VDO plc shares had ranged from €1.10 to €1.35 per share. Before the offer neither company owned any shares in the other; the consideration would be increased by 144,000 shares if a contingent liability in VDO plc in respect of a claim for wrongful dismissal by a former director did not crystallise.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Answer rating: 100% (QA)

Answered By

Shameen Tahir

The following are details of my Areas of Effectiveness. The following are details of my Areas of Effectiveness English Language Proficiency, Organization Behavior , consumer Behavior and Marketing, Communication, Applied Statistics, Research Methods , Cognitive & Affective Processes, Cognitive & Affective Processes, Data Analysis in Research, Human Resources Management ,Research Project, Social Psychology, Personality Psychology, Introduction to Applied Areas of Psychology, Behavioral Neurosdence , Historical and Contemporary Issues in Psychology, Measurement in Psychology, experimental Psychology, Business Ethics Business Ethics An introduction to business studies Organization & Management Legal Environment of Business Information Systems in Organizations Operations Management Global Business Policies Industrial Organization Business Strategy Information Management and Technology Company Structure and Organizational Management Accounting & Auditing Financial Accounting Managerial Accounting Accounting for strategy implementation Financial accounting Introduction to bookkeeping and accounting Marketing Marketing Management Professional Development Strategies Business Communications Business planning Commerce & Technology Human resource management General Management Conflict management Leadership Organizational Leadership Supply Chain Management Law Corporate Strategy Creative Writing Analytical Reading & Writing Other Expertise Risk Management Entrepreneurship Management science Organizational behavior Project management Financial Analysis, Research & Companies Valuation And any kind of Excel Queries.

4.70+ 16+ Reviews 34+ Question Solved

Related Book For book-img-for-question