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Urgent help needed! Polar Freezers Inc. is considering acquiring Frosty Storage Inc in a share-for-share deal. Currently, the market price of Polar Freezers shares is
Urgent help needed!
Polar Freezers Inc. is considering acquiring Frosty Storage Inc in a share-for-share deal. Currently, the market price of Polar Freezers shares is $60 a share. The bid price for Frosty Storage is $48 a share. How many shares of Frosty Storage Inc. shares should be exchanged for one Polar Freezer Inc. share? Answer shares of Frosty Storage
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