1. Assume Buyer is acquiring Target, financed with 40% debt and 60% stock. The stock prices shown above are the prices involved (i.e., the buyer's stock at time of deal is $60 and they are paying $25/share for the target). The deal is closing on 12/31/18. Interest rate and tax rate assumptions are shown above. Shares outstanding and 2019 Estimated standalone EPS are given above. Calculate the 2019E EPS of the combined entity. Assume zero synergies. Combined Earnings 261,000 EPS= 2.61