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Tecumseh Inc. is analyzing the possible merger with Devon shire Inc. Savings from the merger are estimated to be a one time after tax benefit
Tecumseh Inc. is analyzing the possible merger with Devon shire Inc. Savings from the merger are estimated to be a one time after tax benefit of $120 million. Devonshire Inc. has 4 million share outstanding at a current market price of $70 per share. What is the maximum cash price per share that could be paid for Devonshire Inc
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