Big Corp is planning to fully acquire Small Corp. Big Corp currently has 10 million shares outstanding with a share price of $50 and total outstanding debt of $100 million (no excess cash). Small Corp currently has 5 million shares outstanding with a share price of $30 and total outstanding debt of $0 million (no excess cash). Big Corp plans an all cash offer and will offer $38 per share of Small Corp. The transaction will be financed with a new bank loan and Big Corp will assume all outstanding debt of Small Corp. Synergies from the transaction are expected to be $80 million. How much total value does this transaction create for the shareholder of Big Corp. Express your answer in $ millions and round your result to two decimals (do not include the $-symbol in your answer).