Question
Corporation A currently has an enterprise value of $428069175 and $101615087 in excess cash. The firm has 10235789 shares outstanding and no debt. Suppose the
Corporation A currently has an enterprise value of $428069175 and $101615087 in excess cash. The firm has 10235789 shares outstanding and no debt. Suppose the firm uses its excess cash to repurchase shares. After the share repurchase, news will come out that will change AMCs enterprise value to either $503941904 or $326986834 What is the firm's share price prior to the share repurchase?
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The Art Of Distressed M And A Buying Selling And Financing Troubled And Insolvent Companies
Authors: H. Peter Nesvold, Jeffrey Anapolsky , Alexandra Reed Lajoux
1st Edition
0071750193,0071750304
