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Pinder acquires Value by offering 2 of its shares for 1 of Value s shares. Pinder s expected EPS prior to the takeover is $

Pinder acquires Value by offering 2 of its shares for 1 of Values shares. Pinders expected EPS prior to the takeover is $2, its share price is $30, and it has 2 million shares outstanding. Values expected EPS prior to the takeover is $5, its share price is $50, and it has 1 million shares outstanding. What is Pinders expected EPS after the takeover?

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