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JNJ wants to acquire Sorrento Therapeutics.Sorrento Therapeutics has 5 , 5 0 0 shares outstanding at a market price of $ 3 5 . Sorrento

JNJ wants to acquire Sorrento Therapeutics.Sorrento Therapeutics has 5,500 shares outstanding at a market price of $35.Sorrento Therapeutics has 0 debt, and JNJ predicts that they will be able to generate $50,000 in incremental gains (synergy).What is the value of Sorrento Therapeutics to JNJ?

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