Question

4.00 points The management of Mitchel Labs decided to go private in fem and indicated that if it reentered the public market, the 3 30 milion shares t a. What was the invitial cost to Mitchell Labs to go private? (Do not round Intermediate caleulations Round y shares at $24 50 per share. By 2006, management had restructured the company by your answer to 2 decimal places. Enter your answer in milions, not dolars (e g $1,230,000 not round Intermediate calculations. Round your answer to 2 decimal z oecna places. Enter your answer in milions, not dollars (ee.sī,230,000 should be entered as-1.2ราง Ul

Answer 1

i-tial cost8o. 85 million 16) Tolal value to c wha is the the combany $ 122. 22 millon company value exponatiov On: 80,85 m -122.22 m = 51,1 %