Revere Inc. is a publicly traded company that manufactures kitchen utensils; it has 100 million shares outstanding, trading at $15/share. It has decided to acquire Luzo Inc., a small competitor, for $150 million. If Reveres stock price drops to $14.50/share on the announcement, what is the value that the market is attaching to Luzo Inc.?

50 million

$100 million

$150 million

$200 million

e. None of the above