Question
ACQ agrees to acquire TGT in a stock and cash deal valued at $17ishare, or $5B including the assumption of debt. The deal consists
ACQ agrees to acquire TGT in a stock and cash deal valued at $17ishare, or $5B including the assumption of debt. The deal consists of $6.80 in cash and 0.7275 of an ACQ common stock for each outstanding TGT common share, representing a 65% premium to TGT's closing price on Sept. 28. If you own 100 shares of TGT now, upon the successful completion of this deal, your ownership will become (enter A/B/C/D) a $17 in cash b $1,700 in cash c $6.80 cash plus $10.2 worth of ET stocks d $680 cash plus $1020 worth of ET stocks Based on the information given, the share price of ACQ is Based on the information given, TGT's closing price on Sept. 28 is
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Fundamentals of corporate finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
2nd Edition
978-0470933268, 470933267, 470876441, 978-0470876442
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