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Apex Corporation is considering the purchase of Pinnacle Company in a stock - for - stock exchange. Selected data on the two companies are shown
Apex Corporation is considering the purchase of Pinnacle Company in a stockforstock exchange. Selected data on the two companies are shown in the following
table:
Assume that there are no synergistic benefits as the result of the merger. 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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