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You are analyst who is hired to estimate a takeover price for a potential acquisition. Based on the comparable analysis you compute a stock price
You are analyst who is hired to estimate a takeover price for a potential acquisition. Based on the comparable analysis you compute a stock price of $25 for Target X. Based on a database of recent takeover transactions, Target As pre-takeover price was $15 and the acquisition price was $22. In addition, Target B had a pre-takeover price of $36 and an acquisition price of $39. What is the estimated takeover price for this acquisition of Target X?
A. $25
B. $30
C. $32
D. $34
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