Barney Plc has issued share capital of 150,000 ordinary shares. These shares were valued at 40 each

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Question:

Barney Plc has issued share capital of 150,000 ordinary shares. These shares were valued at €40 each on 1st February this year, reflecting Barney Plc's value as a stand-alone business.

On 10th February, Amazon Plc, a competitor of Barney Plc, announces that they are considering a takeover bid for Barney Plc. The market reacts positively to this news, and Barney Plc's share price increases to €48 per share as a result of this announcement.

Total benefits of €4.2 million are anticipated to result from Amazon's acquisition of Barney Plc. On 20th February, Amazon Plc completes its acquisition of Barney Plc, with a cash bid of €8 million.

Determine how the benefits of the acquisition are allocated between Amazon Plc shareholders and Barney Plc shareholders, based on the information above.