Question
Tecumseh Inc. is analyzing the possible merger with Devonshire Inc. Savings from the merger are estimated to be a one-time after-tax benefit of $126 million.
| Tecumseh Inc. is analyzing the possible merger with Devonshire Inc. Savings from the merger are estimated to be a one-time after-tax benefit of $126 million. Devonshire Inc. has 4.2 million shares outstanding at a current market price of $72 per share. |
| What is the maximum cash price per share that could be paid for Devonshire Inc.? |
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Bed And Breakfast IRS Audit Techniques Guide
Authors: Internal Revenue Service
1st Edition
1304131793, 978-1304131799
