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Apex Corporation is considering the purchase of Pinnacle Company in a stock - tor - stock exchange. Selected data on the two companies are shown
Apex Corporation is considering the purchase of Pinnacle Company in a stocktorstock exchange. Selected data on the two companies are shown in the tollowing
table:
Assume that there are immediate synergistic benefits of $ million if Apex and Pinnacle merge. Determine EPS for the combined company if Apex offers a Round your
answers to three decimal places:
a percent premium for Pinnacle
$
b percent premium for Pinnacle
$
c percent premium for Pinnacle
$
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