Firm A has a market value of $600 MM and 30 MM shares outstanding. Firm B has a market value of $200 MM and 20 MM shares outstanding. A is contemplating acquiring B. Firm A's CFO concludes that the combined firm with synergy will be worth about $1.05 billion and Firm B can be acquired at a premium of $150 MM.

Q1

If Firm A offers 15 MM shares to exchange for the 20 MM shares of B, What  is the post acquisition price for Firm AB?