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Hello, I need help with this question please: Tecumseh Inc. is analyzing the possible merger with Devonshire Inc. Savings from the merger are estimated to
Hello, I need help with this question please:
Tecumseh Inc. is analyzing the possible merger with Devonshire Inc. Savings from the merger are estimated to be a one-time after-tax benefit of $129 million. Devonshire Inc. has 4.3 million shares outstanding at a current market price of $73 per share.
What is the maximum cash price per share that could be paid for Devonshire Inc.
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