FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Wilson's has 4919 shares of stock outstanding at a market price per share of $17. Albertsons has 19785 shares outstanding that sell for $22 a

Wilson's has 4919 shares of stock outstanding at a market price per share of $17. Albertsons has 19785 shares outstanding that sell for $22 a share. By merging, $14814 of synergy can be created. Albertsons is acquiring Wilson's for $84,000 worth of Albertson stock.

What is the post-merger value per share? (Round answer to 2 decimal places, round intermediate calculations to 5 decimal places)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Financial Management

Contemporary Financial Management

Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao

14th edition

1337090581, 978-1337090582

More Books

Students also viewed these Finance questions

Question

★★★★★
What does an H+/P ratio measure? Why would it be impractical to determine an H+/P ratio?

Answered: 1 week ago

Question

★★★★★
Identify and briefly describe four change models that can be used to increase the likelihood of successfully introducing a new information system into an organization.

Answered: 1 week ago

Question

★★★★★
1. Be sure to follow the speech organization directions provided by your instructor.

Answered: 1 week ago

Question

★★★★★
Small businesses are viewed by many as the backbone of the U. S. economy. Small business owners are often described as entrepreneurs, requiring a variety of skills in order to be successful. A 2013...

Answered: 1 week ago

Question

★★★★★
Wilson's has 4919 shares of stock outstanding at a market price per share of $17. Albertsons has 19785 shares outstanding that sell for $22 a share. By merging, $14814 of synergy can be created....

Answered: 1 week ago

Question

★★★★★
Your company wants to create a customer facing website. Analysts estimate it will take about 3 0 0 effective hours on the back end systems, and about 2 5 0 effective hours on the front end systems....

Answered: 1 week ago

Question

★★★★★
Analyze the role of the United States in shaping the post-World War II global economic order through institutions like the Bretton Woods system, the International Monetary Fund (IMF), and the World...

Answered: 1 week ago

Question

★★★★★
Discuss the role of the United States in the rise and spread of neoliberalism from the 1970s to the 1990s. How did American policies, institutions, and leaders influence the global shift towards...

Answered: 1 week ago

Question

★★★★★
Question: What is the effect of using the transient keyword in Java when applied to class fields? A) It prevents specific fields from being serialized during the serialization process. B) It makes a...

Answered: 1 week ago

Question

★★★★★
Question : In Java, what is the primary purpose of the volatile keyword when used in thread programming? A ) To ensure that a variable is not cached thread-locally, allowing changes made by one...

Answered: 1 week ago

Question

★★★★★
Question : In Java, what is the main purpose of the synchronized keyword? A ) To declare that a method can only be accessed by one thread at a time. B ) To create a new thread in a multithreaded...

Answered: 1 week ago

Previous Question Next Question