Question 4 A target company T is currently valued at $70 in the market. A potential acquirer, Firm A, believes that it can add value in two ways through the acquisition: $25 of value can be added through better working capital management, and an additional $10 of value can be generated by making available a unique technology only for firm A to expand the target's new product offerings. In a competitive bidding contest, how much of this additional value will the acquirer have to pay out to the target's shareholders to emerge as the winner? (Hints: You have to identify Company T's value to Firm A and Company T's value for any other firms that would bid)