g. Assume that LL has 20 million shares outstanding. These shares are traded relatively infrequently, but the

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g. Assume that LL has 20 million shares outstanding. These shares are traded relatively infrequently, but the last trade (made several weeks ago) was at a price of $11 per share.

Should Hager’s make an offer for Lyons Lighting? If so, how much should it offer per share?

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Financial Management Theory And Practice

ISBN: 9781439078105

13th Edition

Authors: Eugene F. Brigham, Michael C. Ehrhardt

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