An acquiring company agrees to purchase a target company, where under the terms of agreement, the target companys shareholders will receive one share of the Acquiring companys stock for every four shares of the Target companys stock they hold. Acquiring companys share price prior to the announcement was $80.00. Target company has 30 million shares outstanding. What type of M&A transaction is this? Calculate the value to the target per share and the equity value of the target company. Also discuss the impact of change in acquiring companys share price on value to the target?