Quantum is planning on merging with Reliant Energy. Quantum currently has 80,000 shares of stock outstanding...
Quantum is planning on merging with Reliant Energy. Quantum currently has 80,000 shares of stock outstanding at a market price of $32.60 a share. Reliant Energy has 50,000 shares outstanding at a price of $24.50 a share. The merger will create $450,000 of synergy. How many of its shares should Quantum offer in exchange for all of Reliant Energy s share if it wants its acquisition cost to be $1,443,000? 44,172 43,109 42,377 40,648 41,205
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Quantum is planning on merging with Reliant Energy. Quantum
currently has 80,000 shares of stock outstanding...
Clarkson is planning on merging with Dixon. Clarkson currently has 200,000 shares of stock outstanding at...
Clarkson is planning on merging with Dixon. Clarkson currently has 200,000 shares of stock outstanding at a market price of $49.80 a share. Dixon has 82,000 shares outstanding at a price of $34.80 a share. The merger will create $432,000 of synergy. How many of its shares should Clarkson offer in exchange for all of Dixonâ s share if it wants its acquisition cost to be $2,620,000? 51,206 49,315 48,447 50,121 47,854
Milton is planning on merging with Vectren. Milton currently has 66,000 shares of stock outstanding at...
Milton is planning on merging with Vectren. Milton currently has 66,000 shares of stock outstanding at a market price of $47.40 a share. Vectren has 42,000 shares outstanding at a price of $26.80 a share. The merger will create $305,000 of synergy. How many of its shares should Milton offer in exchange for all of Vectren s share if it wants its acquisition cost to be $1,250,000? 24,932 22,688 23,357 24,274 23,809
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
CPI, Inc. is acquiring JW for R470 000 in cash. CPI has 27 000 shares outstanding at a market value of R320 a share
2. POST ACQUISITION VALUE CPI, Inc. is acquiring JW for R470 000 in cash. CPI has 27 000 shares outstanding at a market value of R320 a share. JW has 32 000 shares outstanding at a market price of R140 a share. Neither firm has any debt. The synergy value of the acquisition is R18 000. What is the value of CPI after the acquisition? 3. NUMBER OF NEW SHARES TO BE ISSUED FOR ACQUISITION GM Corporation is being acquired by BKF Ltd. for...
Alpha is planning on merging with Beta. Alpha will pay Beta's shareholders the current value of their equity in shares o...
Alpha is planning on merging with Beta. Alpha will pay Beta's shareholders the current value of their equity in shares of Alpha. Alpha currently has 4,200 shares of equity outstanding at a market price of £40 a share. Beta has 2,500 shares outstanding at a price of £18 a share. The after-merger earnings will be £8,800. What will the earnings per share be after the merger?
Smith enterprise can acquire Miller inc for $250000 in either cash or stock. Both companies are 100% equity financed. the synergy value of the acquisition for smith is $35000. Currently smith has 2500...
Smith enterprise can acquire Miller inc for $250000 in either cash or stock. Both companies are 100% equity financed. the synergy value of the acquisition for smith is $35000. Currently smith has 25000 shares outstanding which trade at $29 a share, whereas miller has 15000 shares outstanding that trade at 14 a share. How many shares would be given to Miller's shareholders in a stock financed deal and what would be the exchange ratio in a pure stock exchange merger?...
1) Before the offer for Gillette was announced (i.e., at the close of trade on 1/26/2005),...
1) Before the offer for Gillette was announced (i.e., at the close of trade on 1/26/2005), P&G’s stock price was $55.44, and the firm had 2,522.583 million shares outstanding (fully diluted). If the proposed merger produced ZERO synergy, what would happen to P&G’s stock price after the merger is completed? Given: Gillette’s stock price at the close of trade on 1/26/2005 was $45, with 1,068.379 million shares outstanding and had an implied offer for its stock price at $54.05 Given...
Harolds PLC has a market value of £400 million and 30 million shares outstanding. Selfishes Department...
Harolds PLC has a market value of £400 million and 30 million shares outstanding. Selfishes Department Store has a market value of £160 million and 18 million shares outstanding. Harolds is contemplating acquiring Selfishes. Harolds’ CFO concludes that the combined firm with synergy will be worth £590 million, and Selfishes can be acquired at a premium of £15 million. If Harolds offers 12 million shares of its stock in exchange for the 18 million shares of Selfridges, what will the...
A company with 2 million shares of common stock currently outstanding is planning to sell 500,000...
A company with 2 million shares of common stock currently outstanding is planning to sell 500,000 new shares to its existing shareholders through a rights issue. The current market price of a share is $65, and the subscription price is $55. If the stock is selling rights-on, calculate the number of rights needed to purchase one of the new shares of common stock and the value of each right. a. Calculate the number of rights needed to buy one share...
1) Before the offer for Gillette was announced (i.e., at the close of trade on 1/26/2005),...
1) Before the offer for Gillette was announced (i.e., at the close of trade on 1/26/2005), P&G’s stock price was $55.44, and the firm had 2,522.583 million shares outstanding (fully diluted). If the proposed merger produced ZERO synergy, what would happen to P&G’s stock price after the merger is completed? Given: Gillette’s stock price at the close of trade on 1/26/2005 was $45, with 1,068.379 million shares outstanding and had an implied offer for its stock price at $54.05 Given...
Clarkson is planning on merging with Dixon. Clarkson currently has 200,000 shares of stock outstanding at a market price of $49.80 a share. Dixon has 82,000 shares outstanding at a price of $34.80 a share. The merger will create $432,000 of synergy. How many of its shares should Clarkson offer in exchange for all of Dixonâ s share if it wants its acquisition cost to be $2,620,000? 51,206 49,315 48,447 50,121 47,854
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