Lala Inc aims to acquire Facebook Inc this year using cash. Before processing the M&A, Lala needs to calculate the value creation from Facebook Inc. The company hires you as the equity analyst to project the valuation of Facebook Inc. Below is the financial position of Facebook Inc.

	2016	2017	2018	2019	2020
Net sales	495	530	600	670	730
Cost of goods sold	355	390	445	500	550
Administrative and selling expenses	35	40	45	35	40
Depreciation	40	40	40	40	40
Capital Expenditure	28.75	25	27.5	26.25	30
Debt Ratio	60%
Cost of Debt	5%
Cost of Equity	8%
Outstanding share	100
Tax Rate (Fixed)	25%

The stock price per today is Rm 9. Assume that any cash flow after 2020 will be constant at 2020 free cash flow value, but continue at the 2020 level in perpetuity. If you aim to analyze using free cash flow method (discounted cash flow method), will you suggest Lala to proceed the acquisition process? Why? Do you think the shareholders of Facebook will accept the bid? Why?