Question: TGIT Pizza is planning on acquiring TGIT Sausage in a pure share exchange merger. TGIT Pizzas share is currently trading at $35, and it set

TGIT Pizza is planning on acquiring TGIT Sausage in a pure share exchange merger. TGIT Pizzas share is currently trading at $35, and it set the exchange ratio at 0.75. TGIT Sausage has 72 million shares outstanding, which are currently trading at $18 a share.

How many shares will TGIT Pizza issue in exchange for TGIT Sausages shares? [ Select ] ["54 million", "60 million", "None of these", "100 million", "75 million"]

What is the total transaction value of the merger? [ Select ] ["$2.1 billion", "$500 million", "$1.89 billion", "$750 million", "None of these"]

If you owned 180 shares of TGIT Sausage, what would be the value of your share holdings after the merger? [ Select ] ["$7000", "$4725", "$3600", "$4500", "None of these"]

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