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Company A acquires Company B through a stock - for - stock deal. Company A issues 2 million shares, and Company B ' s shareholders

Company A acquires Company B through a stock-for-stock deal. Company
A issues 2 million shares, and Company B's shareholders receive 1.5 shares
of Company A for each share of Company B. If the market price of Company
A's shares is $120, what is the total value of the acquisition?
a) $180 million
b) $240 million
c) $360 million
d) $480 million

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