Question
ABC is analyzing the possible merger with XYZ. Savings from the merger are estimated to be a one-time after-tax benefit of $100 million. XYZ has
ABC is analyzing the possible merger with XYZ. Savings from the merger are estimated to be a one-time after-tax benefit of $100 million. XYZ has 5 million shares outstanding at a current market price of $65 per share. What is the maximum cash price per share that could be paid for XYZ?
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Business Mathematics
Authors: Charles MillerStanley SalzmanStanley SalzmanGary Clendenen
11th Edition
0321500121, 9780321500120
