Firm A is currently trading at $17.80 per share. Firm A announces that it will acquire Firm B at a ratio of 4:7 shares. Firm B shares rise from $8.45 to $9.73 immediately following the announcement while Firm A's stock price remains unchanged. What is the implied probability that the market thinks the deal will go through?

Answer rating: 100% (QA)

The implied probability that the market thinks the deal will go through is approximately 8... View the full answer