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Question 21 4 pts Two all-equity firms are negotiating a merger. The acquirer has 20,000 shares outstanding with a market price of $70 per share,
Question 21 4 pts Two all-equity firms are negotiating a merger. The acquirer has 20,000 shares outstanding with a market price of $70 per share, while the target has 14,000 shares outstanding with a market price of $32 per share. The expected synergies from the transaction are valued at $115,000. If the exchange ratio is 0.5:1, then what will be the post-merger price per share of the consolidated firm? $75.07 $73.98 $98.15 $68.44 $72.70
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