Bavarian-Bavarian Merger Bavarian Brew Is Planning on Acquiring Bavarian Sausage in a in a Pure
Bavarian-Bavarian Merger
Bavarian Brew is planning on acquiring Bavarian Sausage in a pure exchange merger. Bavarian Brew's stock is currently trading at $45 and they set the exchange ratio at 1.80. Bavarian Sausage has 75 million shares outstanding which are currently trading at $23 a share.
Twelve months after the merger Bavarian Brew's stock price drops to $37.
-How many shares will Bavarian Brew issue in the exchange offer?
A) 75 million
B) 135 million
C) 95 million
D) 150 million
Correct Answer:
Verified
Q45: Exhibit 21-1 Q46: Exhibit 21-1 Q47: Backward integration is a type of Q48: A structured purchase of the target's shares Q49: Bavarian-Bavarian Merger Q51: By the FTC definition,the merger between Exxon 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
A) horizontal
Bavarian Brew is planning on acquiring
