The NFF Corporation has announced plans to acquire LE Corporation. NFF is trading for $44 per share, and LE is trading for $75 per share, implying a premerger value of LE of approximately $8.9 billion. NFF agreed to offer an exchange ratio of 2.4 shares for every share of LE Corporation. What is the minimum level of projected synergies from the acquisition if it were to generate a positive NPV to the acquirers shareholders?