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Jays has a market value of $3,600 and believes that if it acquires Bennys in a stock transaction the combination of the new firm will

Jays has a market value of $3,600 and believes that if it acquires Bennys in a stock transaction the combination of the new firm will be worth $6,000 given the expected synergy of $200. If Jays wants to keep 75 percent of the synergy for itself, what should be the value of the stock it issues to Bennys?

$2,050

$2,250

$2,150

$2,000

$2,500

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