core: 0 of 1 pt 9 of 14 (11 complete) Hw Score: 78.57%, 11 of 14 pts ext Question 3.10 Question Help An acquiring firm, A, seeks to buy a target firm. T. The acquiring firm has better managers. The value of the target irm, if acquired by A, is $110 million. The value of the target firm under its current management is only $75 million. However, the managers of T can impose a poison pill that would reduce the value of firm T to the acquirer by amount P without providing any benefit to shareholders of T Assume the poison pill reduces the value of firm T to firm A's and to firm T's shareholders by the same amount. The minimum value of P that would prevent A from acquiring T is P24] million. (Enter your response rounded to the nearest whole number) Enter your answer in the answer box and then click Check Answer. parts remaining Clear All core: 0 of 1 pt 9 of 14 (11 complete) Hw Score: 78.57%, 11 of 14 pts ext Question 3.10 Question Help An acquiring firm, A, seeks to buy a target firm. T. The acquiring firm has better managers. The value of the target irm, if acquired by A, is $110 million. The value of the target firm under its current management is only $75 million. However, the managers of T can impose a poison pill that would reduce the value of firm T to the acquirer by amount P without providing any benefit to shareholders of T Assume the poison pill reduces the value of firm T to firm A's and to firm T's shareholders by the same amount. The minimum value of P that would prevent A from acquiring T is P24] million. (Enter your response rounded to the nearest whole number) Enter your answer in the answer box and then click Check Answer. parts remaining Clear All