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SCC Co. entered into an agreement to purchase all of the outstanding shares of TLT Inc. for $32 per share. The number of TLT's outstanding

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SCC Co. entered into an agreement to purchase all of the outstanding shares of TLT Inc. for $32 per share. The number of TLT's outstanding shares at the time of the announcement was 74.5 million, and the book value of liabilities on the balance sheet of TLT Inc. was $ 796 million. Immediately prior to the acquisition, the shares of TLT Inc. traded at $21 per share. What is the true cost of this acquisition to the acquirer? O $ 2,865 million O $1,588 million $3,180 million O $2,384 million

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