Conglomo wants to acquire Vandelay Industries. Conglomo has $430$ million shares outstanding, which currently sell for $$48\mathrm{.}86$ per share. Vandelay have $1,036$ million shares outstanding, which currently sell for $$26\mathrm{.}74$ per share.

Management at Conglomo expects some synergies to be created as a result of the acquisition, as its believed that many of Vandelay$$s back office functions can be accomplished with Conglomo$$s existing infrastructure. Analysts expect after$-$tax cost savings of $$4$ million per year, which will grow by $2\mathrm{.}1\%$ each year in perpetuity. Internal analysts have estimated that the appropriate discount rate for the acquisition is $11\mathrm{.}2\%$ What is the market value of equity for the merged firm? $($Answer in millions to the nearest whole million$)$