12 Review Later Which of the following transaction costs will not be included in the pro-forma adjustment to net carnings? Debt refinancing premium Amortization of debt financing fees Other transaction costs Equity financing fees Acquisition Assumptions Acquisition of Walmart by Amazon Acquisition Structure Assumptions Acquisition Premium Equity Issuance Discount (to Current Price) 20% 5% 50% 50% % Debt Financing % Equity Financing Acquirer and Target Assumptions Share Price ($/sh.) Fully Diluted Shares Outstanding (MM) Cash and Cash Equivalents Total Debt Amazon Acquirer $3,099.40 518 $37,466 $91,401 Walmart Target $140.50 2,863 $16,906 $70,242 Transaction Costs Information Equity Financing Fees Debt Financing Fees Other Transaction Costs Target Debt Early Redemption Premium 5.5% 1.5% $3,000 3.0%