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In August 2018, Anaheim Analytics signed an agreement to buy all of the Florida-Georgia Transport Corp.s outstanding shares for $23 each. At the time of
In August 2018, Anaheim Analytics signed an agreement to buy all of the Florida-Georgia Transport Corp.s outstanding shares for $23 each. At the time of the agreement, Florida-Georgia had 70,000 outstanding shares, and the book value of its interest-bearing debt was $1,100,000. What was the estimated cost of this acquisition to the Anaheim Analytics shareholders?
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