Calculating Synergy Evan, Inc., has offered $740 million cash for all of the common stock in Tanner
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Calculating Synergy Evan, Inc., has offered $740 million cash for all of the common stock in Tanner Corporation. Based on recent market information, Tanner is worth $650 million as an independent operation. If the merger makes economic sense for Evan, what is the minimum estimated value of the synergistic benefi ts from the merger?
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