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Firm A has a value of $150 million and Firm B has a value of $100 million. Merging the two would enable cost savings with
Firm A has a value of $150 million and Firm B has a value of $100 million. Merging the two would enable cost savings with a present value of $40 million. Firm A purchases Firm B for $120 million. What is the gain from this merger?
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