Question: Tecumseh Inc. is analyzing the possible merger with Devonshire Inc. Savings from the merger are estimated to be a one - time after - tax
Tecumseh Inc. is analyzing the possible merger with Devonshire Inc. Savings from the merger are estimated to be a onetime aftertax benefit of $ million. Devonshire Inc. has million shares outstanding at a current market price of $ per share.
What is the maximum cash price per share that could be paid for Devonshire Inc.? Omit $ sign in your response.
Maximum cash price per share
$
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