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Drive .. 10:04 PM 28% 2. The Cowens Corporation is a related diversifier. It has three main business units with earnings for each subsidiary shown

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Drive .. 10:04 PM 28% 2. The Cowens Corporation is a related diversifier. It has three main business units with earnings for each subsidiary shown below. Note that the company's executives believe that each unit's earnings include about $3 million of profit associated with synergies among the units. The company's total market value as of close of the New York Stock Exchange on Monday was $1 billion. Business Unit A Business Unit B Business Unit C Earnings $ 10,000,000 $ 20,000,000 $ 50,000,000 The earnings per share and share price data for the competitors of each of the Cowens Corporations' main business units are shown below. Business Unit A has two main rivals. Rival #1 has earnings per share of $2 and a share price of $32 Rival 12 has earnings per share of $4 and a share price of $56 Business Unit B has two main rivals. Rival #1 has earnings per share of $1.50 and a share price of $15 Rival #2 has earnings per share of $3.00 and a share price of $18 Business Unit Chas three main rivals. Rival #1 has earnings per share of $8 and a share price of $96. Rival 12 has earnings per share of $10 and a share price of $150 Rival #3 has earnings per share of $12 and a share price of $216 As an investor evaluating this company, would you recommend a break-up? Why or why not

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