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The NFF Corporation has announced plans to acquire LE Corporation. NFF is trading for $ 5 3 per share, and LE is trading for $
The NFF Corporation has announced plans to acquire LE Corporation. NFF is trading for $ per share, and LE is
trading for $ per share, implying a premerger value of LE of approximately $ billion. If the projected synergies are
$ billion, what is the maximum exchange ratio NFF could offer in a stock swap and still generate a positive NPV
The maximum exchange ratio NFF could offer in a stock swap and still generate a positive NPV is Round to three
decimal places.
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