9&10

The distribution of shares in a subsidiary to existing parent company stockholders is called a(n): O A. lockup transaction OB bear lag. C. equity carve-out OD spin-off. O E split-up QUESTION 10 Jennifer's Boutique has 2.100 shares outstanding at market price per share of $26. Sally's has 3,000 shares outstanding at a market price of 541 a share Neither fimm has any debt. Sally's is acquiring Jennifer's for $58,000 in cash. What is the merger premium per share? O A $1.43 OB. 51.62 O C 51.81 OD $2.04 O E $2.07