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1 points Save Answer ABC Corporation is purchasing DEF Corp using an asset swap so that it is tax-free to the owners of DEF Corp.

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1 points Save Answer ABC Corporation is purchasing DEF Corp using an asset swap so that it is tax-free to the owners of DEF Corp. DEF'S EBITDA is 231.1 million and the price that ABC pays is 6 times EBITDA. If the owners of DEF Corp. have a tax rate of 20.4%, what is the equivalent price in millions if DEF is sold to a cash buyer

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