Using information below calculate acquisition EV/EBITDA multiple for the company below.

a) 26.34x

b) 11.80x

c) 10.33x

d) 7.50x

*Please provide explanation.

164.9 7.0 99.0 Shares outstanding, mn Offer share price Depreciation and amortization Tranche 1 stock options outstanding, mn Tranche 1 strike price for options outstanding Tranche 1 stock options exercisable, mn Tranche 1 strike price for options exercisable 14.37 3.00 12.83 2.90 Restricted stock units 1.43 Cash on balance sheet pre deal 78.0 539.4 Debt on balance sheet pre deal Reported operating profit 63.90 Reported net income 43.7