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21. A estimates the Firm B's 1 million shares of stock currently sell for $20 each. Firm economic gain from the merger to be $10
21.
A estimates the Firm B's 1 million shares of stock currently sell for $20 each. Firm economic gain from the merger to be $10 million and is prepared to offer each share of B. What percentage of the merger economic gain 21. $22 cash for will be captured by firm B's shareholders? A. 20.00% B. 33.33% C. 50.00% D. 60.00% Step by Step Solution
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