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A target frim has a current share price of $15 and a total of 65 million outstanding share. An acquirer buys this firm for $1,290

A target frim has a current share price of $15 and a total of 65 million outstanding share. An acquirer buys this firm for $1,290 million. What is the acquisition premium percentage?

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32.3%

27.5%

34.1%

29.8%

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