Qles Company is acquiring Rock Company for $697,000 in cash. Qleshas a current market value of $1,024,000
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Question:
Qles Company is acquiring Rock Company for $697,000 in cash. Qleshas a current market value of $1,024,000 while Rock s current market value is $635,000. The synergy value from the acquisition is $123,000. What is the value of Qles after the acquisition?
a). $1,085,000
b). $1,126,000
c). $1,157,000
d). $975,000
e). $928,000
Related Book For
Financial Theory and Corporate Policy
ISBN: 978-0321127211
4th edition
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
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