What is the fully diluted offer price (equity value) for a tender offer made to acquire a target whose pre-
tender shares are trading for $1.50 per share? The tender offer includes a 30% premium to the target's pre-tender share price. The target has basic shares outstanding of 70 million and 5 million options which may be converted into common shares at $1.60 per share.

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The Answer of What is the fully diluted offer price (equity value) for a tender offer made to acquire a target whose pre-
tender shares are trading for $1.50 per share? The tender offer includes a 30% premium to the target's pre-tender share price. The target has basic shares outstanding of 70 million and 5 million options which may be converted into common shares at $1.60 per share.

What Is the Fully Diluted Offer Price (Equity Value) for a Tender