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Varian Corp. wishes to acquire Tanis Corp. Varian has Offered 0.45 shares of its stock plus $2 in cash for each share of Tanis. Analysts

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Varian Corp. wishes to acquire Tanis Corp. Varian has Offered 0.45 shares of its stock plus $2 in cash for each share of Tanis. Analysts project synergies of S30M from the combination. Varian has 3M shares and a stock price 01'820. Tanis has 2M shares and a stock price of S9. Find the expected share price of the new firm. a. $22.90 b. $24.51 c. $25.16 cl. $26.67 e. $27.88

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