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Q20. Company A takes over company T. The stock price of A is 12 and of T is 32. Fur- thermore, A has 10 stocks

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Q20. Company A takes over company T. The stock price of A is 12 and of T is 32. Fur- thermore, A has 10 stocks outstanding and T 13. The synergies from the deal are 10. a. What is the value of the merged company after the deal? 5 b. If there is no takeover premium and the deal is paid for by issuing stock in the merged company, how many shares in the merged company should I offer for each share of T

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