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Melonhead is considering a takeover of Peach Inc. Melonhead has 27 million shares outstanding, which sell for $74 each. Peach has 22 million shares outstanding,
Melonhead is considering a takeover of Peach Inc. Melonhead has 27 million shares outstanding, which sell for $74 each. Peach has 22 million shares outstanding, which sell for $88 each. If the merger gains are estimated at $110 million, what is the highest price per share that Melonhead should be willing to pay to Peach shareholders? Maximum price per share
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