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Redstone, Inc. and Blackstone, Inc. are all-equity firms. Redstone has 1,500 shares outstanding at a market price of $22 a share. Blackstone has 2,500 shares
Redstone, Inc. and Blackstone, Inc. are all-equity firms. Redstone has 1,500 shares outstanding at a market price of $22 a share. Blackstone has 2,500 shares outstanding at a price of $38 a share. Blackstone is acquiring Redstone for $36,000 in cash. What is the merger premium per share? O a. $2.00 per share O b. $4.25 per share O c. $6.50 per share O d. $8.00 per share O e. None of the above
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Open Market Operations And Financial Markets
Authors: David Mayes , Jan Toporowski
1st Edition
0415417759, 978-0415417754
