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Zilly corp is expected to earn $238.2 million the following year, 14.0 sharws outstanding. This company is planning to buy COI company for $200 M
Zilly corp is expected to earn $238.2 million the following year, 14.0 sharws outstanding. This company is planning to buy COI company for $200 M ( will pay cash). zilly will borrow the $200M from a bank at an annual interest rate of 5% and the corporare tax rate at 30%. COI is projected to earn 16.7 million next year.
what is the post-merger EPS of Zilly?
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