12.1. Maytag merges with Whirlpool. Assume that Maytags price/earnings ratio is 20 and Whirlpools is 15. If
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12.1. Maytag merges with Whirlpool. Assume that Maytag’s price/earnings ratio is 20 and Whirlpool’s is 15. If Maytag accounts for 60 percent of the earnings of the merged firm, and if there are no synergies between the two merged firms, what is the price/earnings ratio of the merged firm?
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Related Book For 
Financial Markets And Corporate Strategy
ISBN: 9780071157612
2nd Edition
Authors: Mark Grinblatt, Sheridan Titman
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