The NFF Corporation has announced plans to acquire LE Corporation. NFF is trading for $28 per share,

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The NFF Corporation has announced plans to acquire LE Corporation. NFF is trading for $28 per share, and LE is trading for $22 per share, implying a pre-merger value of LE of approximately $7.6 billion. If the projected synergies are $1.5 billion, what is the maximum exchange ratio NFF could offer in a stock swap and still generate a positive NPV?

Posted Date: May 18, 2024 11:07 PM

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The NFF Corporation has announced plans to acquire LE Corporation. NFF is trading for $28 per share,

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