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will definetely upvote The shareholders of Tilbury Company have voted in favour of a buyout offer from Dover Corporation. Information about each firm is given

will definetely upvote

The shareholders of Tilbury Company have voted in favour of a buyout offer from Dover Corporation. Information about each firm is given here:

Tilbury Dover
Price/earnings ratio 9.90 30
Shares outstanding 99,000 300,000
Earnings $ 250,000 $ 750,000

Tilbury's shareholders will receive one share of Dover stock for every three shares they hold in Tilbury. (Do not leave any empty spaces; input a 0 wherever it is required.)

a-1. What will the EPS of Dover be after the merger? (Round the final answer to 3 decimal places. Omit $ sign in your response.)

EPS $

a-2. What will the P/E ratio be if the NPV of the acquisition is zero? (Do not round intermediate calculations. Round the final answer to 2 decimal places. )

PE times

b. What must Dover feel is the value of the synergy between these two firms? (Omit $ sign in your response.)

Synergy value $

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