Company A has a market value of $200 million and two million shares outstanding. Company B has a market value of $50 million and one million shares outstanding. Company A is deciding to acquire Company B. The managers of Company A have determined that the value of the combined firms will be $300 million. Company A expects to pay a $30 million premium for Company B. Assume that capital markets are efficient and that there is a 100 percent probability the deal will be closed. What is the NPV of the acquirer (Company A)?

• $30 million
• $20 million
• $300 million
• $100 million
• $50 million