Ginormous Oil entered into an agreement to purchase all of the outstanding shares of Slick Company for $60 per share. The number of shares outstanding at the time of the announcement was 82 million. The book value of Slick Co.'s liabilities was $1.46 billion. Immediately prior to the Ginormous Oil bid, the shares of Slick Co. traded at $33 per share. What value did Ginormous Oil place on the control of Slick Co.?

options: $2.71 billion

$4.17 billion

$6.38 billion

$2.21 billion