need help please advanced corporate finance

4) Driftless Canyon AG is looking to acquire Capering Cid GmbH. Driftless Canyon currently has 1.2 million shares traded at $40. Capering Cid has 350,000 shares at $29. The firm expects that elimination of duplication of effort will save \$1.1 million dollars a year in perpetuity. The fair rate of return on the combined company will be 12%. Driftless will pay a 20% premium. What is the combined company value post-merger before paying the target shareholders? If Driftless pays in cash, how much must it pay? If Driftless pays the same amount, but in equity, what portion of the combined company will Capering Cid's shareholders own? What is the gain to Driftless Canyon's shareholders