Question
A company is acquiring B for $30,000 in cash. Company A has 2,500 shares of stock outstanding at a market value of $36 a share.
A company is acquiring B for $30,000 in cash. Company A has 2,500 shares of stock outstanding at a market value of $36 a share. The B Company has 2,700 shares of stock outstanding at a market price of $9 a share. Neither firm has any debt. The incremental value of the acquisition is $53,500. What is the price per share of Company A after the acquisition?
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The Emerald Handbook On Cryptoassets Investment Opportunities And Challenges
Authors: H. Kent Baker, Hugo Benedetti, Ehsan Nikbakht, Sean Stein Smith
1st Edition
1804553212, 978-1804553213
