You work for a leveraged buyout firm and are evaluating a potential buyout of UnderWater Company. UnderWator's stock price is $17 and it has 1.50 million shares outstanding. You believe that if you buy the company and replace its management, its value witl increase by 38%. You aro planning on doing a leveraged buyout of UnderWaler and will offer \$21.25 per share for control of the company a. Assuming you got 50% control, what will happen to the price of non-tendered shares? b. Given the answer in part (a), will shareholders tender their shares, not tender their sharen, or bo indifferent? c. What will your gain from the transaction be