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Calculate the offer price per share given the following details: Transaction Details: AcquirerCo agreed to buy TargetCo with a mix of cash and AcquirerCo stock.

  1. Calculate the offer price per share given the following details:

Transaction Details:

AcquirerCo agreed to buy TargetCo with a mix of cash and AcquirerCo stock. TargetCo stockholders will receive $5.00 in cash and one share of AcquirerCo common stock for every two shares of TargetCo stock. AcquirerCos share price closed at $30.00 a day prior to the announcement.

  1. $15.00

  2. $35.00

  3. $25.00

  4. $20.00

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