1. A and B have prices of $50 and $80 per share, and the number of shares outstanding of 10 million and 6 million respectively. Company As shares will survive and become shares of the merged company. Company A will issue 10 million new shares and distribute to B shareholders to acquire all of Bs shares. As share price after the merger remains $50. What is the value of synergy created? $10 million $20 million There is no synergy value $30 million