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B owns all the issued shares of Blue Ltd. The shares have a market value of $300,000. C intends to acquire 50% ownership in Blue.
B owns all the issued shares of Blue Ltd. The shares have a market value of $300,000. C intends to acquire 50% ownership in Blue. To accomplish this, Blue will issue additional shares to C. What price will C pay to acquire 50% of the issued share capital of Blue?
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
