Calculate the adjusted goodwill and adjusted gain for the shareholders of company A and shareholders of Company B after the rumors.

Ex. 3 Company A is considering acquiring company B. Calculate the combined PV of Companies A and B, the goodwill and the net gain for the shareholders of company A and shareholders of Company B, considering the following financial information: \begin{tabular}{r|c|c|} \hline Present value of Company A & 80 & mn \\ \hline Present value of Company B & 40 & mn \\ \hline Cost saving from merger of A and B & 15 & mn \\ \hline Price A pay for B & 48 & mn \\ \hline \end{tabular} The present value of company B increase by EUR 7mn on the back of rumors about the potential merger. Calculate the adjusted goodwill and adjusted gain for the shareholders of company A and shareholders of Company B after the rumors