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In the deal, Dow shareholders will receive a fixed exchange ratio of 1.00 share of DowDuPont for each Dow share, and DuPont shareholders will receive

In the deal, Dow shareholders will receive a fixed exchange ratio of 1.00 share of DowDuPont for each Dow share, and DuPont shareholders will receive a fixed exchange ratio of 1.28 shares in DowDuPont for each DuPont share. Dow and DuPont shareholders will each own approximately 50 percent of the combined company, excluding preferred shares. Common shares outstanding at Dow and DuPont at the time of the announcement were 1.160 billion and .876 billion respectively. What will be the ownership percentage of Dows shareholders in the consolidated firm? How about DuPonts shareholders?

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