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PART II: LONG QUESTIONS (Total 40 points) 1. Long Question 102 points total. 4 points each) Thinker inc has 100 milfion shares outstanding and the
PART II: LONG QUESTIONS (Total 40 points) 1. Long Question 102 points total. 4 points each) Thinker inc has 100 milfion shares outstanding and the current stock price for the compary is 524 . The tech guru Helen Task believes that she can increase the value of the compary by taking control and replacing the current management. Thinker inc has a poison pus in place with a is x ownership theeshold. Thinker for each share they own at a price of 512 per share. Assume that price remains at \$24 while Helen Tusk acquires shares. Helen Tusk reaches to the ish threshold and Thinker's management decides to reslst the buyout attempt by triggening the polwon plli. a) How many new shares will be issued? What will be total number of shares outstanding? b) What will happen to the price of Thinker shares? c) What will be Helen Tusk's new percentage ownership in Thinker? How much would she fose from the triggering of the poison pill
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