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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 $48.00/share in stock. Company A and Company B's stock prices on the day before announcement were $112.00 and $42.00 respectively. Company B has 20 million shares outstanding, 12 million exercisable options outstanding with an average exercise price of $28.00 per share, $120 million in net debt to be assumed by Company A and minority interests of $25 million to be acquired for cash.
Company B Income Statement Items
\table[[LTM Revenue,$1000 million],[LTM EBITDA,95 million],[LTM Net Income,60 million]]
Calculate the equity to net income multiple.
17.32
15.75
19.65
20.00
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