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Dow Chemicals' (DOW) acquisition of Rohm & Haas (ROH) in 2008: For this entir information given herein. Assume that the value of synergies is
Dow Chemicals' (DOW) acquisition of Rohm & Haas (ROH) in 2008: For this entir information given herein. Assume that the value of synergies is $5 billion. Disregard 936 million shares outstanding and ROH has 195.2 million shares outstanding. The] DOW and ROH were $33.96 and $44.83 respectively. (a) If DOW pays cash $78 per share for each of the 195.2 million shares of ROH, what synergy between the original stock holders of DOW and the stock holders of ROH?
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Understanding financial statements
Authors: Lyn M. Fraser, Aileen Ormiston
9th Edition
136086241, 978-0136086246
