Milner - Poudre Milner Manufacturing Plans to Acquire Poudre Chemicals, by Giving Poudre

Milner - Poudre
Milner Manufacturing plans to acquire Poudre Chemicals, by giving Poudre shareholders 1.75 shares of Milner stock per share of Poudre. There are 2 million shares of Poudre Chemicals outstanding, with a pre-merger-offer price of $25 per share, and Milner's pre-offer stock price is $16.50.
-What is the value of the transaction at the time of the offer for Milner Manufacturing?

A) $87,500,000
B) $33,000,000
C) $50,000,000
D) $57,750,000