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Perelman's plan included the acquisition of 427M new shares of MEG for a $365M investment of new capital. If this is the correct per-share value
Perelman's plan included the acquisition of 427M new shares of MEG for a $365M investment of new capital. If this is the correct per-share value of MEG equity, what is the Enterprise Value of MEG implied by the terms of this proposed investment (assuming his entire plan is implemented as proposed)? (Note: Under Perelman's plan, the holding company bonds will be exchanged for their collateral equity shares and will no longer be outstanding. However, MEG will still have debt outstanding after the restructuring, as detailed in Exhibit 8)
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