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Edit View Insert Format Tools Table Window Help AutoSave OFF os 09 E : Mak... - Saved to... Insert Draw Tell me what you want

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Edit View Insert Format Tools Table Window Help AutoSave OFF os 09 E : Mak... - Saved to... Insert Draw Tell me what you want to do Share XA- Ayun Font Paragraph Styles Sensitivity co Exercise 5. (10 points) Clark Company will acquire all of the outstanding stock of Marlon Company through an exchange of stock. Financial information for the two companies is as follows: Market Firm Value Number of shares Market Price per share Clark $350 million 1,5 million $160 Marlon $60 million 400,000 $75 The gain from the merger is expected to be $18 million. Marlon is bought in stock for 232,000 shares. Compute the price per share after the merger. Show your reasoning

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