FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Tiger LLC has market value of $90,000 and 2,000 shares outstanding. Mancut Department Store has market value of $25,000 and 5,000 million shares outstanding. Tiger

image text in transcribed
Tiger LLC has market value of $90,000 and 2,000 shares outstanding. Mancut Department Store has market value of $25,000 and 5,000 million shares outstanding. Tiger is contemplating acquiring Mancut. Tiger's CFO concludes that the combined firm with synergy will be worth $131,000, and Mancut can be acquired at a price of $32,000. If Selfcut is acquired by cash, what is the stock price of Tiger LLC after the acquisition? $52.50 $32.25 $49.50 $41.80 $44.30

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance Directors Handbook

Finance Directors Handbook

Authors: Glynis D Morris, Sonia McKay, Andrea Oates

5th Edition

1566768691, 978-1566768696

More Books

Students also viewed these Finance questions

Question

★★★★★
As the chartered public accountant for Bonita Ltd., you have been asked to develop some key ratios from the comparative financial statements. This information is to be used to convince creditors that...

Answered: 1 week ago

Question

★★★★★
What are the two main trade-offs that an organizational designer faces when structuring risk management within an organization?

Answered: 1 week ago

Question

★★★★★
The joint density function of X and Y is given by Compute (a) P{X > 1, Y (b) P{X (c) P{X 2ee2 f(x,y) = 0 0

Answered: 1 week ago

Question

★★★★★
Given the project shown in Figure of Chapter 5, assume that a facility used by activities c and d is scarce. To which activity would you assign the facility first, given the following rules? (a)...

Answered: 1 week ago

Question

★★★★★
Tiger LLC has market value of $90,000 and 2,000 shares outstanding. Mancut Department Store has market value of $25,000 and 5,000 million shares outstanding. Tiger is contemplating acquiring Mancut....

Answered: 1 week ago

Question

★★★★★
Please answer both parts and show work ROBLEM 2A (16 pts) uniform bar 2.0 m long with a mass m = 20 kg is supported by a cable and a hinge as shown in the figure. The cable makes an angle of 30 with...

Answered: 1 week ago

Question

★★★★★
Mr. Dizon would like to determine the average daily allowance of Harvard students What is the: Population VAriable of interest Type of variable (quantitative or qualitative) The Harvard marketing...

Answered: 1 week ago

Question

★★★★★
Scenario #1 A manufacturer advertises that its hand sanitizer kills the "Covid-19 virus on contact." The manufacturer has tested its hand sanitizer for effectiveness against other viruses, but not...

Answered: 1 week ago

Question

★★★★★
The Dallas Morning News reported the findings of a study by the Department of Transportation that examined the effect on average airfares when new, low priced carriers, such as Southwest Airlines or...

Answered: 1 week ago

Question

★★★★★
Alison, Blanca, Jaime, and Cuong are still relatively new employees at Deloitte. At least once a week, they use their workstation computers to watch videos of lectures or how-to guides, play games...

Answered: 1 week ago

Question

★★★★★
3 How does celebrity culture relate to public speaking? Is a movie star more capable of drawing support for a cause than an ordinary citizen?

Answered: 1 week ago

Question

★★★★★
2 How does the clicker change the nature of the lecture? Does it change the relationship between speaker and audience? Or does it simply change the interaction between them?

Answered: 1 week ago

Question

★★★★★
6-14 Explain why distributed architectures are flexible. The Lego Group, which is headquartered in Billund, Denmark, is one of the largest toy manufacturers in the world. Legos main products have...

Answered: 1 week ago

Previous Question Next Question