Cavalier Enterprises has agreed to be acquired by The Fox Hunt for some of The Fox Hunt stock. The Fox Hunt currently has 3,300 shares of stock outstanding at a price of $32 a share. Cavalier Enterprises has 2,400 shares outstanding at a price of $26 a share and no debt. The synergy of the acquisition is $2,800. What is the maximum offer price The Fox Hunt should pay for Cavalier Enterprises? $65,200$105,600$59,600$62,400$2,800 What is the merger premium per share? $27.08 $32$26$1.08$6