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Acquiring Corporation is considering a takeover of Takeover Target Incorporated. Acquiring has 2 4 million shares outstanding, which sell for $ 2 5 each. Takeover
Acquiring Corporation is considering a takeover of Takeover Target Incorporated. Acquiring has million shares outstanding, which sell for $ each. Takeover Target has million shares outstanding, which sell for $ each. If the merger gains are estimated at $ million, what is the highest price per share that Acquiring should be willing to pay to Takeover Target shareholders?
per share
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