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This question continues from the previous question. Firm A is going to acquire Firm B in a stock-for-stock exchange. After the merger, the combined firm
This question continues from the previous question. Firm A is going to acquire Firm B in a stock-for-stock exchange. After the merger, the combined firm will be operated with two separate divisions. Firm A's current EPS is $3.50 per share, with 100 million shares outstanding.Firm B has 50 million shares outstanding.Firm A's Net Income after the merger is expected to be$500 million.Firm B's Net Income after the merger is expected to be $150 million.What is maximum number of shares that can be outstanding post-merger without diluting Firm A's EPS?Round your answer to the nearest million.(This is the entire question)
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