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Raider wants to acquire Underperformer for $142,500.00 in the form of either cash or stock. The synergy value of the deal is $26,250.00. Raider
Raider wants to acquire Underperformer for $142,500.00 in the form of either cash or stock. The synergy value of the deal is $26,250.00. Raider has 18,600 shares outstanding at a price of $18.50 a share. Underperformer has 8,250 shares outstanding at a price of $12.75 a share. What is the price per share of the post- merger firm ?
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
