Question: Please let me know and round to the nearest tenth ABC Corporation is purchasing DEF Corp using an asset swap so that it is tax-free

Please let me know and round to the nearest tenth

Please let me know and round to the nearest tenth
ABC Corporation is purchasing DEF Corp using an asset swap so that it is tax-free to the owners of DEF Corp. DEF's EBITDA is 181.3 million and the price that ABC pays is 6 times EBITDA. If the owners of DEF Corp. have a tax rate of 23.7%, what is the equivalent price in millions if DEF is sold to a cash buyer

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