Consider the following pre-merger information about firm X and firm Y: Assume that firm X acquires firm
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Consider the following pre-merger information about firm X and firm Y:
Assume that firm X acquires firm Y by paying cash for all the shares outstanding at a merger premium of £5 per share. Assuming that neither firm has any debt before or after the merger, calculate the total assets of the combined firm.
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Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
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