Question content area top Part 1 You work for a leveraged buyout firm and are evaluating a potential buyout of UnderWater Company. UnderWater's stock price is $23 and it has 1.75 million shares outstanding.You believe that if you buy the company and replace its management, its value will increase by 44%. You are planning on doing a leveraged buyout of UnderWater and will offer $28.75 per share for control of the company. a. Assuming you get 50% control, what will happen to the price of non-tendered shares? Share price will be $ b. Given the answer in part (a), will shareholders tender their shares, not tender their shares, or be indifferent? c. What will your gain from the transaction be? Question content area bottom Part 1 a. Assuming you get 50% control, what will happen to the price of non-tendered shares? Share price will be $