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3 & 4 below: Calculate the exchange ratio for shares and % increase in market price for each of the cases shown Case: Current Market

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3 & 4 below: Calculate the exchange ratio for shares and % increase in market price for each of the cases shown Case: Current Market Price Per Share Acquiring Co. Target Co. $25 $15 80 Price Per Share Offered $30.00 100.00 90.00 22.50 35.00 52 75 20

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