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Please help with the following question: You're given the following details of an acquisition of Target Co. by Acquirer Ltd.. What is the total amount
Please help with the following question:
You're given the following details of an acquisition of Target Co. by Acquirer Ltd.. What is the total amount of financing fees and transaction costs based on the assumptions provided? Acquisition of Target Co. by Acquirer Ltd. Target Share Price ($/sh.) $85.40 Acquisition Premium 15% Diluted Shares Outstanding (MM) 670 Target Total Debt $3,562 Target Cash and Cash Equivalents $5,147 % Debt Financing % Equity Financing Equity Financing Fees Debt Financing Fees Other Transaction Costs 40% 60% 4.0% 1.5% $800 $1,974 $2,774 OOOO $2,726 $3,619Step by Step Solution
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