b) Oracle announced its acquisition of Hyperion Solutions on March 1, 2008. The table below outlines information relevant to the deal. If Hyperion Solution's shareholders will accept nothing less than a 20% premium in order to support a sale to Oracle and Oracle requires its acquisitions to be non-dilutive (or accretive), determine a price (per share) for Hyperion Solutions that will be attractive to both sets of shareholders. Oracle will pay for this acquisition with stock (not cash). Show your calculations along with your answer. (10 points) Stock Price # of shares outstanding EPS P/E Ratio Oracle $18.00 / share 5,125,000,000 $1.00 18 Hyperion Solutions $24.20 / share 77,000,000 $2.42 10 b) Oracle announced its acquisition of Hyperion Solutions on March 1, 2008. The table below outlines information relevant to the deal. If Hyperion Solution's shareholders will accept nothing less than a 20% premium in order to support a sale to Oracle and Oracle requires its acquisitions to be non-dilutive (or accretive), determine a price (per share) for Hyperion Solutions that will be attractive to both sets of shareholders. Oracle will pay for this acquisition with stock (not cash). Show your calculations along with your answer. (10 points) Stock Price # of shares outstanding EPS P/E Ratio Oracle $18.00 / share 5,125,000,000 $1.00 18 Hyperion Solutions $24.20 / share 77,000,000 $2.42 10