The shareholders of Can Company have voted in favor of a buyout offer from Man Ltd. The information pertinent to each fi

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answerhappygod
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The shareholders of Can Company have voted in favor of a buyout offer from Man Ltd. The information pertinent to each fi

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The shareholders of Can Company have voted in favor of a buyout
offer from Man Ltd. The information pertinent to each firm is as
follows: Data Can Man PE Ratio 6 8 Share in Issue 180 000 180 000
Earnings (after tax) R 420 000 R 540 000 Can shareholders will
receive one share in Man for every share they hold.
4.1.3 What is the value of Can to Man? (5)
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