Question: View the given data, Under their proposal, T - Mobile would pay $ 7 . 7 7 in cash per share to Sprint. Where would

View the given data, Under their proposal, T-Mobile would pay $7.77 in cash per share to Sprint. Where would this put Sprint's valuation? (Hint: Consider the price T-Mobile would pay per share and the number of Sprint shares outstanding) Show your calculations.
T-Mobile Sprint
Stock Price: $75.36 $6.18
Shares Outs: 1.2 B 5.6 B
Market Cap: $90.4 B $34.6 B
Cost of Cap: 6.8%7.8%
Sprint valuation @ $7.77 per share: $43.5 B
Synergistic Benefits: $14.5 B

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