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1. Youve been hired by Morgan Stanley to assist Mr. Musk in his tender offer for GM (sym: GM currently at 34.64/sh) at the price
1. Youve been hired by Morgan Stanley to assist Mr. Musk in his tender offer for GM (sym: GM currently at 34.64/sh) at the price of 48.00/sh (the tender offer price)by Nov 1, 2023. You are tasked with protecting the takeover effort in case another competing tender appears. How would you structure this defense? Show the math
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