Question
Loki, Inc., and Thor, Inc., have entered into a stock swap merger agreement whereby Loki will pay a 21% premium over Thor's premerger price. If
Loki, Inc., and Thor, Inc., have entered into a stock swap merger agreement whereby Loki will pay a 21% premium over Thor's premerger price. If Thor's premerger price per share was $35 and Loki's was $54, what exchange ratio will Loki need to offer?
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Organizational Behavior
Authors: Andrzej A. Huczynski, David A. Buchanan
8th Edition
978-0273774815
