Question
PK Inc. wants to acquire RK Inc. There is no synergy benefit or advantage available for this merger. However, the details are as follows: Company
PK Inc. wants to acquire RK Inc. There is no synergy benefit or advantage available for this merger. However, the details are as follows:
Company
EAT
MPS
Shares outstanding
PK
$700,000.00
21
RK
$ 140,000.00
17
125,000
If the merger takes place, determine the EPS after merger.
(a) $2.09
(b) $2.33
(c) $1.12
(d) $1.98
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Authors: Tom Cromwell
1st Edition
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