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ABC Inc. has a market value of $400 million and 20 million shares outstanding. XYZ Ltd. has a market value of $134 million and 13.4

ABC Inc. has a market value of $400 million and 20 million shares outstanding. XYZ Ltd. has a market value of $134 million and 13.4 million shares outstanding. ABC is deciding to acquire XYZ. The top management of ABC has determined that the combination will worth $667 million due to the synergies between the firms. ABC prepares to pay a $67 million premium for XYZ. If ABC makes an offer of $201 million in stock for XYZ, what will be the appropriate share- exchange ratio

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