Question
Jennifers Boutique has 2,100 shares outstanding at a market price per share of $26. Sallys has 3,000 shares outstanding at a market price of $41
Jennifers Boutique has 2,100 shares outstanding at a market price per share of $26. Sallys has 3,000 shares outstanding at a market price of $41 a share. Neither firm has any debt. Sallys is acquiring Jennifers for $58,000 in cash. What is the merger premium per share?
| A. | $1.43 | |
| B. | $1.62 | |
| C. | $1.81 | |
| D. | $2.04 | |
| E. | $2.07 |
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Handbook Of Digital Media And Communication
Authors: Leah Lievrouw ,Brian Loader
1st Edition
036761233X, 978-0367612337
