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Jordan's Office Furniture will soon be acquired by National Office Solutions, for $6,250,000 worth of National stock. National currently has 250,800 shares of stock outstanding
Jordan's Office Furniture will soon be acquired by National Office Solutions, for $6,250,000 worth of National stock. National currently has 250,800 shares of stock outstanding at a price of $67 a share. Jordan's has 100,400 shares outstanding at a price of $54. The incremental value of the acquisition is $210,000. What is the value of Jordan's to National?
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