LTL has 9,000 shares of stock outstanding at a market price per share of $21.STS has 45,000 shares outstanding that sell for $39 a share.By merging,$15,200 of synergy can be created.What would be the postmerger value of the combined firm if STS acquires LTL in a stock acquisition valued at $200,000?
A) $1,744,000
B) $1,759,200
C) $1,944,000
D) $1,766,500
E) $1,959,200
Correct Answer:
Verified
Q21: On average,shareholders of
A)the target firm benefit from
Q22: Low's has 17,500 shares of stock outstanding
Q23: Staggered elections
A)allow a portion of the board
Q24: If the acquirer wants the target firm's
Q25: The sale of all,or any part of,Firm
Q27: Bakers Mart just acquired Liver Works in
Q28: Tropical Foods just paid $249,900 cash to
Q29: The Red Hen is acquiring The Chicken
Q30: Which one of these statements is correct?
A)Cash
Q31: Firm B has the option to purchase
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents