Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Company A has agreed to buy Company B for $ 4 8 . 0 0 / share in stock. Company A and Company B '
Company A has agreed to buy Company B for $share in stock. Company A and Company Bs stock prices on the day before announcement were $ and $ respectively. Company has million shares outstanding, million exercisable options outstanding with an average exercise price of $ per share, $ million in net debt to be assumed by Company A and minority interests of $ million to be acquired for cash.
Company B Income Statement Items
tableLTM Revenue,$ millionLTM EBITDA, millionLTM Net Income, million
Calculate the equity to net income multiple.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started