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30 August, 14:02

has 1,400 shares outstanding at a market price per share of $10.80. has 1,750 shares outstanding at a market price of $13 a share. Neither firm has any debt. is acquiring for $16,500 in cash. What is the merger premium per share

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  1. 30 August, 14:43
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    Merger premium = 0.98

    Explanation:

    Merger premium = Acquistion cost/shares outstanding - market price per share

    Merger premium = (16500/1400) - $10.80

    Merger premium = 0.98
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