Use the following information to measure the exchange ratio and a resulting stock price that allocates $5,500 of the post-merger value based on the expected
Use the following information to measure the exchange ratio and a resulting stock price that allocates $5,500 of the post-merger value based on the expected outcome to the acquirer.
Exchange Rate Based on a Percentage Allocation of Value: SA/ST SA PT X SA CA X ST ER 0.33 CA X ST 917 0.212 CA 500 ST 1500 61.1% $5500/$9000
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Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
