Pacific and Atlantic are all-equity firms. Pacific has 9,000 shares outstanding at a market price of $49.80
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Pacific and Atlantic are all-equity firms. Pacific has 9,000 shares outstanding at a market price of $49.80 a share. Atlantic has 4,500 shares outstanding at a price of $42.50 a share. Pacific is acquiring Atlantic for $210,000 in cash. The synergy of the acquisition is $31,000. What is the value of Atlantic to Pacific?
Related Book For
Financial Management for Decision Makers
ISBN: 978-0138011604
2nd Canadian edition
Authors: Peter Atrill, Paul Hurley
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