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. The following information is given about an acquiring firm XYZ Ltd and acquired firm ABC Ltd. XYZ Ltd ABC Ltd XYZ Ltd Before merger
. The following information is given about an acquiring firm XYZ Ltd and acquired firm ABC Ltd. XYZ Ltd ABC Ltd XYZ Ltd Before merger After merger Profit after tax (Kshs) 403 83 486 Number of shares 157.50 25 168.30 Earnings per share (EPS) 2.56 3.32 2.89 Market value per share 57.80 24.90 57.80 Price earnings ratio 22.58 7.50 20.00 Total market capitalization 9, 104 622.50 9, 726. 50 3 (i). From your own observations, what do you
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