ABC is acquiring DEF in an all stock deal. The deal is subject to a collar...
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ABC is acquiring DEF in an all stock deal. The deal is subject to a collar such that DEF shareholders will receive 1.5 shares of ABC if ABC's average stock price is below $50 at closing, and 1.17188 shares of ABC if ABC's average stock price is above $64 at closing. If ABC's average stock price at closing is $51, how many shares of ABC stock will one share of DEF receive? ABC is acquiring DEF in an all stock deal. The deal is subject to a collar such that DEF shareholders will receive 1.5 shares of ABC if ABC's average stock price is below $50 at closing, and 1.17188 shares of ABC if ABC's average stock price is above $64 at closing. If ABC's average stock price at closing is $51, how many shares of ABC stock will one share of DEF receive? ABC is acquiring DEF in an all stock deal. The deal is subject to a collar such that DEF shareholders will receive 1.5 shares of ABC if ABC's average stock price is below $50 at closing, and 1.17188 shares of ABC if ABC's average stock price is above $64 at closing. If ABC's average stock price at closing is $51, how many shares of ABC stock will one share of DEF receive?
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If ABCs average stock price at closing is 51 it is between the collar prices of ... View the full answer
Related Book For
Essentials Of Federal Taxation 2018
ISBN: 9781260007640
9th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
Posted Date:
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