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Lydia Industries has made an offer to purchase Canon Enterprises valued at $80 per share. Canon Shareholders will receive $20 cash and .5 shares of

Lydia Industries has made an offer to purchase Canon Enterprises valued at $80 per share. Canon Shareholders will receive $20 cash and .5 shares of Lydia Industries for each share they own. What is the price of Lydia at the time of announcement.

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