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Mariners is planning on merging with Red Sox. Mariners currently has 75,000 shares of stock outstanding...

Mariners is planning on merging with Red Sox. Mariners currently has 75,000 shares of stock outstanding at a market price of $46.50 a share. Red Sox has 39,000 shares outstanding at a price of $27.20 a share. The merger will create $247,000 of synergy. How many of its shares should Mariners offer in exchange for all of Red Sox s share if it wants its acquisition cost to be $1,142,000? 22,608 22,891 23,445 23,714 24,015

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

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