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BAD Company's stock price is $35, and the firm has 4 million shares outstanding. You believe you can increase the company's value if you buy

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BAD Company's stock price is $35, and the firm has 4 million shares outstanding. You believe you can increase the company's value if you buy it and replace the management Assume that BAD has a poison pill with a 20% trigger. If triggered, al BAD's shareholders-other than the acquirer-will be able to buy one now share in BAD for each share they own at a 55% discount Assume that the price remains of $35 while you are acquiring your shares. It BAD's management decides to resist your buyout attempt, and you cross the 20% threshold of ownership a. How many now shares will be issued and at what price? b. What will happen to your porcentage ownership of BAD? c. What will happen to the price of your shares of BAD? d. Do you lose or gain from triggering the polson pil? If you lose, where does the loss go (who benefits? If you gain, from where does the pain come (who losos)? a. How many new shares will be issued and at what price? The number of now shares issued is (Round to the nearest integer) The new shares will be issued at $per share (Round to the nearest cent) b. What will happen to your percentage ownership of BAD? Your percentage ownership of BAD Company will be []%. (Round to two decimal places) c. What will happen to the price of your shares of BAD? The new stock price of your shares of BAD Company will be $ (Round to the nearest cent) d. Do you lose or gain from triggering the poison pill? If you lose, where does the loss go (who benefits)? if you gain, from where does the gain come (who losos) The amount that you gain or lose if the poison pil is triggered will be $ (Round to the nearest dollar) This loss goes to: (Select the best choice below.) d. Do you lose or gain from triggering the poison pill? If you lose, where does the loss go (who benefits? you pain, from where do thogon come who loses? The amount that you gain or lose if the posson pilis trigered will be Round to the nearest dollar) This loss goes to (Select the best choice below) A the other shareholders of BAD Company OB BAD management OC the attempting acquirer of BAD Company OD no one

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