On April $1$st $2014,$ AqcuirerCo acquired TargetCo's $100\%$ shares. The M&A deal that took place between TargetCo and AcquirerCo with a Fixed Exchange Ratio Structure based on basic shares outstanding. According to the terms of the agreement, AcquirerCo delivered its $150$ mil shares to TargetCo shareholders in exchange of TargetCo's $100\%$ basic shares. Assumptions are as shown below $($$ in million, except per share data; shares in millions$).$

Offer Price Per Share $$25$

Acquirer Share Price $$75$

Acquirer Shares Exchanged $150$

TargetCo's Debt $$900$

TargetCo's Preferred Stock $$150$

TargetCo's Minority Interest $$350$

TargetCo's Cash $$200$

TargetCo's Sales $(2014$:Q$1$ Reported Financial Statement$)$ $$1500$

TargetCo's Sales $(2013$:Q$4$ Reported Financial Statement$)$ $$3750$

TargetCo's Sales $(2013$:Q$3$ Reported Financial Statement$)$ $$3000$

TargetCo's Sales $(2013$:Q$2$ Reported Financial Statement$)$ $$2000$

TargetCo's Sales $(2013$:Q$1$ Reported Financial Statement$)$ $$1250$

Tranches Number of Shares $($mil$)$ Exercise Price

#$1100$ $$26$

#$2150$ $$28$

#$3250$ $$32$

What is the amount$($$$)$ of offer value $($MCAP$)$ for TargetCo? $(10$ Points$).$

Question $1$ options:

$$4,750$

$$12,000$

$$11,250$

$$7,250$

$$5,250$