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.
-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?

A) -44.0%
B) -15.15%
C) -0.50%
D) -2.0%