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PLEASE ANSWER ALL PARTS: how many shares Gotham pension gets, how many shares clark kent gets, how many shares central city gets, how many shares
PLEASE ANSWER ALL PARTS: how many shares Gotham pension gets, how many shares clark kent gets, how many shares central city gets, how many shares arthur currye gets, how many shares barry allen gets, what is the total cash flow to wayne after this, what is the total cashflow to merkman investment bank
Issuing securities. Bruce Wayne is going public with his new business. Berkman Investment Bank will be his banker and is doing a best efforts sale with a 4.1% commission fee. The SEC has authorized Wayne 4,870,000 shares for this issue. He plans to keep 980,000 shares for himself, hold back an additional 160,000 shares according to the green-shoe provision for Berkman Investment Bank, pay off Venture Capitalists with 470,000 shares, and sell the remaining shares at $16.46 a share. Given the bids at the auction (shown on the table here: ), distribute the shares to all bidders using a pro-rata share procedure, and assume Berkman Investment Bank takes its green-shoe shares. What is the total cash flow to Wayne after the sale? To Berkman Investment Bank? Data table Click on the following Icon in order to paste this table's content into a spreadsheet Issuing securities. Bruce Wayne is going public with his new business. Berkman Investment Bank will be his banker and is doing a best efforts sale with a 4.1% commission fee. The SEC has authorized Wayne 4,870,000 shares for this issue. He plans to keep 980,000 shares for himself, hold back an additional 160,000 shares according to the green-shoe provision for Berkman Investment Bank, pay off Venture Capitalists with 470,000 shares, and sell the remaining shares at $16.46 a share. Given the bids at the auction (shown on the table here: ), distribute the shares to all bidders using a pro-rata share procedure, and assume Berkman Investment Bank takes its green-shoe shares. What is the total cash flow to Wayne after the sale? To Berkman Investment Bank? Data table Click on the following Icon in order to paste this table's content into a spreadsheetStep by Step Solution
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