Question
Global Network has a market value of $713,000. AG Communications has 46,700 shares of stock outstanding at a price per share of $56. AG is
Global Network has a market value of $713,000. AG Communications has 46,700 shares of stock outstanding at a price per share of $56. AG is acquiring Global in an exchange for 13,500 shares of AG stock. The merger is expected to create $28,000 of synergy. What will be the postmerger value of the firm?
Multiple Choice
$3,220,000
$3,356,200
$3,298,000
$3,482,800
$3,218,100
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Money Talks Explaining How Money Really Works
Authors: Nina Bandelj ,Frederick F. Wherry ,Viviana A. Zelizer
1st Edition
0691202893, 978-0691202891
