Question: Hi There Can you please answer the below question in 1 hour. Very Urgent. Thanks in advance. Bavarian Brew is planning on acquiring Bavarian Sausage
Hi There
Can you please answer the below question in 1 hour. Very Urgent. Thanks in advance.
Bavarian Brew is planning on acquiring Bavarian Sausage in a pure exchange merger. Bavarian Brew's stock is currently trading at $35 and they set the exchange ratio at 0.80. Bavarian sausage has 75 million shares outstanding which are currently trading at $18 a share. If you owned 250 shares of Bavarian Sausage what would be the percentage control premium?
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