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undefined ABC Co and XYZ Co are all-equity firms. ABC has 1,750 shares outstanding at a market price of $18.40 a share. XYZ has 2,100
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ABC Co and XYZ Co are all-equity firms. ABC has 1,750 shares outstanding at a market price of $18.40 a share. XYZ has 2,100 shares outstanding at a price of $34 a share. XYZ is acquiring ABC for $39,400 in cash. What is the gain from merger per share for ABC shareholders? $0.89 $3.29 $1.65 $1.54 $4.11Step by Step Solution
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