Question
Assume that LL has shares outstanding. These shares are traded relatively infrequently, but the last trade (made several weeks ago) was at a price of
Assume that LL has shares outstanding. These shares are traded relatively infrequently, but the last trade (made several weeks ago) was at a price of . Should Hagers make an offer for Lyons Lighting? If so, how much should it offer per share? How would the analysis be different if Hagers intended to recapitalize LL with debt costing at the end of ? This amounts to in debt as of the end of 2017.
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DeFi And The Future Of Finance
Authors: Campbell R. Harvey, Ashwin Ramachandran, Joey Santoro, Vitalik Buterin, Fred Ehrsam
1st Edition
1119836018, 978-1119836018
