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.

-If,six months later at the completion of the merger,Milner's stock price has dropped to $14 per share,what is the completed control premium percentage?

Question

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.

-If,six months later at the completion of the merger,Milner's stock price has dropped to $14 per share,what is the completed control premium percentage?

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The Answer of 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.

-If,six months later at the completion of the merger,Milner's stock price has dropped to $14 per share,what is the completed control premium percentage?

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