In July $2007,$ News Corporation entered into an agreement to purchase all of the outstanding shares of Dow Jones and Company for $$63$ per share. Immediately prior to the News Corporation bid, the shares of Dow Jones traded at $$38$ per share. The number of outstanding shares at the time of the announcement was $83$ million. The book value of interest$-$bearing liabilities on the balance sheet of Dow Jones was $$1\mathrm{.}48$ billion.

a$.$ Estimate the cost of this acquisition to the shareholders of News Corporation

b$.$ What value did News Corporation place on the control of Dow Jones and Company?

Note: For all requirements, enter your answers in billions rounded to $2$ decimal places.

Answer is complete but not entirely correct.

$\backslash$table$[[$Estimated cost of the acquisition,$$,5\mathrm{.}23x,$billion$],[$Value of control,$$,5\mathrm{.}23x,$billion$]]$