Question
Three Guys Burgers, Inc., has offered $15.5 million for all of the common stock in Two Guys Fries, Corp. The current market capitalization of Two
| Three Guys Burgers, Inc., has offered $15.5 million for all of the common stock in Two Guys Fries, Corp. The current market capitalization of Two Guys as an independent company is $14.3 million. Assume the required return is 9 percent and the synergy from the acquisition is perpetuity. |
| What is the minimum annual synergy that Three Guys feels it will gain from the acquisition? |
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The Socionomic Theory Of Finance
Authors: Robert R. Prechter
1st Edition
0977611256, 978-0977611256
