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A firm has 100 million shares outstanding at a price if $50 per share. The firm made a tender-offer to repurchase 10 million shares for
A firm has 100 million shares outstanding at a price if $50 per share. The firm made a tender-offer to repurchase 10 million shares for $55 per share the tender-offer will expire in few minutes. What will be the stock price What will be the stock price immediately after the expiration
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Advanced Financial Accounting
Authors: Thomas H. Beechy
5th Edition
0131236997, 9780131236998
