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Growth Co wants to acquire Value Co. The synergistic benefits from the acquisition are expected to be $2 million. Value Co's pre-bid share price is

Growth Co wants to acquire Value Co. The synergistic benefits from the acquisition are expected to be $2 million. Value Co's pre-bid share price is $4 and its number of shares outstanding is 1 million. What is the maximum price that Growth Co can offer to Value Co? $8 $6 $9 None of the other answers is correct. $7

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