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You work for a leveraged buyout firm and are evaluating a potential buyout of Under Water Company UnderWater's Mock price is $19 and it has

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You work for a leveraged buyout firm and are evaluating a potential buyout of Under Water Company UnderWater's Mock price is $19 and it has 1.50 million shares outstanding You believe that if you buy the company and replace its management, its value will increase by 18% You are planning on doing a leveraged buyout of UnderWater and will offer $23.75 per share for control of the company a. Assuming you get 50% control, what will happen to the price of non-tendered shares? b. Given the answer in partla) will shareholders tender the shores, not lender their shares, or be indiferent? c. What will your gain from the transaction be? a. Assuming you get 50% control, what will happen to the price of non-ondered shares? Assuming you get 50% control the price of non-tendered shares will be (Round to the nearest cent) b. Given the answer in port(a) will shareholders tender their shares, not tender the shares, or be indifferent? (Select the best choice below) OA They will be indiferent OB. They will not want to tender the shares OC. They will want to londer the shares c. What will you gain from the transaction be? Your gain will be willon (Round to be decimal places)

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