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What are the total sources and uses for the following transaction? Details: Acquirors purchase price per share is $25.00 Targets common stock equivalents are 5.0
What are the total sources and uses for the following transaction?
Details:
- Acquirors purchase price per share is $25.00
- Targets common stock equivalents are 5.0 million shares
- Transaction costs equal $3 million
- Funding will be derived from a $77.0 million debt offering, the remainder in equity.
A. Sources equal $77 million, uses equal $122 million
B. Sources equal $77 million, uses equal $125 million
C. Sources equal $128 million, uses equal $128 million
D. Unable to determine from the information provided
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