Shark Co. is planning to acquire Goldfish Co. by using its own stock. The following information is taken before the acquisition. What will be the approximate P/E ratio after the acquisition? There is no synergy. Hint: you can assume that the stock price after the acquisition would be $100.

	Shark Co.	Goldfish Co.
EPS	$20.00	$30.00
# of shares	400,000	100,000
Stock price	$100	$90

Answer rating: 100% (QA)

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