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You calculate that a large company has an enterprise value of $2 billion and total liabilities, including debt, of $500 million. The company purchases a

You calculate that a large company has an enterprise value of $2 billion and total liabilities, including debt, of $500 million. The company purchases a competitor for $800 million. The company borrows the money to buy the company so debt increases by $800 million. If there are 100 million shares outstanding. What is the fair share price of the company, after the acquisition?

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