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Firm A has agreed to be acquired by Firm B for 600 shares of Firm B. Firm B currently has 6,400 shares of stock
Firm A has agreed to be acquired by Firm B for 600 shares of Firm B. Firm B currently has 6,400 shares of stock outstanding at a price of $22 per share. Firm A has 1,600 shares outstanding at a price of $14 per share. The incremental value of the acquisition is $1,800. What is the value per share of Firm B stock after the acquisition? O $20.50 O $21.02 $22.71 $23.57 O $28.06
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