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HungryLion wants to acquire Errant Deer for $187,500.00 in the form of either cash or stock. The synergy value of the deal is $45,000.00. Hungry
HungryLion wants to acquire Errant Deer for $187,500.00 in the form of either cash or stock. The synergy value of the deal is $45,000.00. Hungry Lion has 30,000 shares outstanding at a price of $48.00 a share. Errant Deer has 22,500 shares outstanding at a price of $6.63 a share. What is the merger premium over ErrantDeer's stock price? a) 22.58% b) 33.39% c) 19.65% d) 25.69% e) 28.18%
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
