PV Synergies = $200. Target has $200 undisclosed liabilities. Bidder offers an all-stock deal that gives...
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PV Synergies = $200. Target has $200 undisclosed liabilities. Bidder offers an all-stock deal that gives target shareholders 75% of the synergies. What is bidder's stock price after the merger is executed and the market learns about the hidden liabilities? Bidder MVBS, N = 10 MVA 300 450 Target MVBS, N = 10 MVA 200 190 MVL 300 450 MVL 290 100 PV Synergies = $200. Target has $200 undisclosed liabilities. Bidder offers an all-stock deal that gives target shareholders 75% of the synergies. What is bidder's stock price after the merger is executed and the market learns about the hidden liabilities? Bidder MVBS, N = 10 MVA 300 450 Target MVBS, N = 10 MVA 200 190 MVL 300 450 MVL 290 100
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861704
11th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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