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Hypothetical 0 Acquirer A wants to purchase 80% of Target B's voting shares. 0 Let's say that Target B has 100 voting shares; current market

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Hypothetical 0 Acquirer A wants to purchase 80% of Target B's voting shares. 0 Let's say that Target B has 100 voting shares; current market price is equal to $10lshare; number of shareholders is 100. I In order to attract Target B's shareholders, Acquiror A offers Target B's shareholders $15/share.| BONUS POINT: How much will it cost Acquirer A to purchase the # of Target B 's shares that it wishes to purchase? {0.5 point) (please show your calculation in answer) I BUT Poison Pill: Target B has implemented a poison pill in response to this hostile takeover attempt. Target B offers each of its shareholders the opportunity to purchase 5 additional shares of Target B voting stock at $5fshare (and all shareholders decide to take the deal and each purchase 5 additional shares at that price). - BONUS POINT: How many shares of voting stock will Target B have outstanding after its shareholders purchase these additional shares under the poison pill? (0.5 point) (please show your calculation in answer) BONUS POINT: After the poison pill, how much will it cost Acquirer A to purchase the # of Target B's shares that it wants to purchase? (0.5 points) (please show your calculation in answer) - BONUS POINT: What are any possible ramications (Le. consequences, positive anda'or negative), of Target B's poison pill plan

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