Question
AcquirerCo agreed to buy TargetCo with a mix of cash and AcquirerCo stock. TargetCo stockholders will receive $4.25 in cash and 1 share(s) of AcquirerCo
AcquirerCo agreed to buy TargetCo with a mix of cash and AcquirerCo stock. TargetCo stockholders will receive $4.25 in cash and 1 share(s) of AcquirerCo common stock for every 3 share(s) of TargetCo stock. AcquirerCo's share price closed at $26.69 a day prior to the announcement. Calculate the offer price per share (Round to to decimal places).
AcquirerCo agreed to buy 84% of TargetCo with a mix of cash and AcquirerCo stock. TargetCo stockholders will receive $4.13 in cash and 1 share(s) of AcquirerCo common stock for every 4 share(s) of TargetCo stock. AcquirerCo's share price closed at $37.89 a day prior to the announcement. Calculate the offer price per share (Round to to decimal places).
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