Suppose LetsMerge Co. is also targeting another company, YesYou Inc., which has a current value of $54.60 million. Analysts conduct due diligence and estimate the post-merger value of YesYou's equity to be $60.06 million. YesYou has 20.80 million shares outstanding. If the merger analysts expect the synergies to be realized, the maximum price per share that LetsMerge is likely to pay if it is making a cash offer for YesYou Inc. is LetsMerge has 31.20 million shares outstanding that are trading at $5.20 per share. Suppose LetsMerge makes an offer to acquire YesYou at $2.31 per share. If the deal goes through, the post-merger value of YesYou to the LetsMerge shareholders is The total value of the merged company's equity will be