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Consider the following premerger information about two firms. Firm A is the acquiring firm and Firm B is the target firm. Assume that both firms

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Consider the following premerger information about two firms. Firm A is the acquiring firm and Firm B is the target firm. Assume that both firms have no debt outstanding. The synergistic benefits from acquiring Firm Bis 55.000 if Fimm A acquires Firm B. Item Shares outstanding Price per share Firm A 1,800 544 Firm B 800 524 What will the price per share of the merged firm be if Firm Bis willing to be acquired for S23 per share in cash? Enter your answer in the box shown below as dollars with 2 digits to the right of the decimal point

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