On April 1st 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 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 100 TargetCo's Debt $900 TargetCo's Preferred Stock $150 ======== TargetCo's Minority Interest $350 ES TargetCo's Cash $200 SEDERERSETE========================================= TargetCo's Sales (2014:01 Reported Financial Statement) $1500 POSTED=== TargetCo's Sales (2013:Q4 Reported Financial Statement) $3750 TargetCo's Sales (2013:Q3 Reported Financial Statement) $3000 TargetCo's Sales (2013:Q2 Reported Financial Statement) $2000 SESSE TargetCo's Sales (2013:Q1 Reported Financial Statement) $1250 Tranches Number of Shares (mil) Exercise Price #1 100 $26 FESTES #2 2 150 $28 ============ #3 , 250 $32 What is the EVLTM Sales multiple for TargetCo? (10 Points). , A 2.76 B-4.25 C.3.11 D.2.25 On April 1st 2014, Aqcuirerco acquired TargetCo's 100% shares. The M&A deal that took place between TargetCo and AcquirerCo with a Fixed Exchange Ratio Structure based on basic shares outstanding. According to the terms of the agreement AcquirerCo delivered its 150 mil shares to TargetCo in exchange of TargetCo's 100% basic shares. Assumptions are as shown below ($ in million, except per share data, shares in millions). Offer Price Per Share $25 Acquirer Share Price $75 Acquirer Shares Exchanged 100 TargetCo's Debt $900 TargetCo's Preferred Stock $150 ======== TargetCo's Minority Interest $350 ES TargetCo's Cash $200 SEDERERSETE========================================= TargetCo's Sales (2014:01 Reported Financial Statement) $1500 POSTED=== TargetCo's Sales (2013:Q4 Reported Financial Statement) $3750 TargetCo's Sales (2013:Q3 Reported Financial Statement) $3000 TargetCo's Sales (2013:Q2 Reported Financial Statement) $2000 SESSE TargetCo's Sales (2013:Q1 Reported Financial Statement) $1250 Tranches Number of Shares (mil) Exercise Price #1 100 $26 FESTES #2 2 150 $28 ============ #3 , 250 $32 What is the EVLTM Sales multiple for TargetCo? (10 Points). , A 2.76 B-4.25 C.3.11 D.2.25