Firm A is planning on merging with Firm B.Firm A currently has 2,300 shares of stock outstanding at a market price of $20 a share.Firm B has 750 shares outstanding at a price of $15 a share.The merger will create $200 of synergy.How many of its shares should Firm A offer in exchange for all of Firm B's shares if it wants its acquisition cost to be $12,000?
A)598
B)607
C)600
D)584
E)593

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The Answer of Firm A is planning on merging with Firm B.Firm A currently has 2,300 shares of stock outstanding at a market price of $20 a share.Firm B has 750 shares outstanding at a price of $15 a share.The merger will create $200 of synergy.How many of its shares should Firm A offer in exchange for all of Firm B's shares if it wants its acquisition cost to be $12,000?
A)598
B)607
C)600
D)584
E)593

Firm a Is Planning on Merging with Firm B