Question
Yankees and Blue Sox are all-equity firms. Yankees has 7,200 shares outstanding at a market price of $48 a share. Blue Sox has 3,950 shares
Yankees and Blue Sox are all-equity firms. Yankees has 7,200 shares outstanding at a market price of $48 a share. Blue Sox has 3,950 shares outstanding at a price of $43.50 a share. Yankees is acquiring Blue Sox for $192,000 in cash. The synergy of the acquisition is $31,000. What is the value of Blue Sox to Yankees?
| $225,548 | ||
| $214,327 | ||
| $202,825 | ||
| $116,453 | ||
| $107,218 |
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Executive Finance And Strategy
Authors: Ralph Tiffin
1st Edition
0749471506, 978-0749471507
