Question 3 3 points In a deal valued at $7.4 billion including equity ($2.4 bilion) and assumed debit ($5.5 billion minurash on hand (5500 million), TAR plans to sell itself to the acquirers, with TAR shareholders receiving $32 per share, cash, in return Shareholder derivative lawsuit firms are already swarming with lawsuits claiming the price is too low, but TAR management notes that the buyout price represents 34 premium over TAR's closing stock price on October 23, 2019, the last trading day prior to TAR's public announcement that TAR was evaluating strate alternatives which seems to me a fair price for a stock selling for about 12 times earnings and with no growth expected on average over the next five years. millon The number of shares of TARI The annual earnings of TAR are million The closing stock price of TAR on October 23, 2019 was