Pacman Inc. has just paid a dividend of $3/share which will grow 20% over the next three years, after which will stabilize to a terminal growth rate of 5%. The required rate of return on equity for Pacman is 15%. On the other hand, Ghost Industries does not pay dividends. Ghosts expected free cash flows are projected to be $10, $12, $15, and $20 for the next four years after which the free cash flows are expected to grow with a terminal growth rate of 4%. If Ghost Industries has a cost of capital (WACC) of 8%, debt of $200, and 10 shares outstanding, how many Ghost shares needs to be exchanged for each Pacman share in an acquisition transaction?