Given the following information about the equity value calculated from the discounted cash flow (DCF) calculation and the equity value from the market (Market Cap.): Acquirer Target Combined Equity Value from 823 110 1014 DCF 897 116 Market Cap. (Equity value) The minimum price the acquirer can offer is The maximum price the acquirer can offer is If the acquirer is willing to offer 30% of the synergy, the initial offer price is Given the following information about the equity value calculated from the discounted cash flow (DCF) calculation and the equity value from the market (Market Cap.): Acquirer Target Combined Equity Value from 823 110 1014 DCF 897 116 Market Cap. (Equity value) The minimum price the acquirer can offer is The maximum price the acquirer can offer is If the acquirer is willing to offer 30% of the synergy, the initial offer price is