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Firm X just paid $185,000 cash to acquire Firm Y. Prior to the acquisition, Firm X had 12,000 shares of stock outstanding at a

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Firm X just paid $185,000 cash to acquire Firm Y. Prior to the acquisition, Firm X had 12,000 shares of stock outstanding at a price per share of $17. Firm Y had 7,500 shares outstanding at a price per share of $23. The acquisition created $4,500 of synergy. What is the value of Firm Y to Firm X? Multiple Choice $185,000 $181,500 $229,500 $220,500 $177,000

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