Determine Listons likely minimum Asking price using the method of Comparable Transactions:

a. Assuming that the management of Liston would be open to an acquisition, it is likely that they

are aware of the purchase of a similar firm by rival NEC a year earlier. This is described in the second paragraph on page 2 of the case. What is the likely asking price that Listons board of directors would put forth if they were to demand a price of 5.2 times EBITDA. Similarly, what would be the price if they demanded 11.5 times earnings. NOTE: since Liston is a private firm without common stock, the P/E ratio will be the total value of equity / net income.\

Liston student spreadsheet.x LS 0 File Eoit view Insert Format Data Tools Helo Liston student spreadsheet.x LS 0 File Eoit view Insert Format Data Tools Helo