Question
there are two firms. Digital Toilet Paper(DTP) and the other named Digital Toilet Paper.com(DTP.com) have agreed to merge their interests in 2017, while maintaining separate
there are two firms. Digital Toilet Paper(DTP) and the other named Digital Toilet Paper.com(DTP.com) have agreed to merge their interests in 2017, while maintaining separate entities and distinct shares of stock. DTP will get 75 % of the combined profits of the two firms, DTP.com will get 25 %. DTP has 250,000,000 shares outstanding at $55... DTP.com has 100,00,000 share outstanding at $35 a share.
the question is.........are the facts consistent with EMH(efficient market hypothesis).... why or why not ?
i think it is NOT but not totally sure why
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