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Qubon inc. is considering the acquisition of the smaller Wells Co. Dubon has 4,750,000 shares outstanding that are currently selling for $4785. The Wells Ca

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Qubon inc. is considering the acquisition of the smaller Wells Co. Dubon has 4,750,000 shares outstanding that are currently selling for $4785. The Wells Ca has 2,350,000 shares outstanding that are selling at $35.65. If Dubon offers the sharehoiders of the Weils Co. a number of shares based on the current share prices, what portion of the new firm will the Wolls stockhoiders own after the transaction? (The answer is a percentage, round to two decimal places, e.g. 42.75) Nuitteric Response

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