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Stock versus Cash Offers ( LO 2 ) Sweet Cola Corporation ( SCC ) is bidding to take over Salty Dog Pretzels ( SDP )
Stock versus Cash Offers LO
Sweet Cola Corporation SCC is bidding to take over Salty Dog Pretzels SDP SCC has shares outstanding, selling at $ per share. SDP has shares outstanding, selling at $ a share. SCC estimates the economic gain from the merger to be $
What is the NPV of the merger to SCC when it uses an exchange of stock?
Note: Do not round intermediate calculations. Round your answer to decimal places.
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