The shareholders of Can Company have voted in favor of a buyout offer from Man Ltd. The information pertinent to each fi
Posted: Tue Jan 18, 2022 12:58 pm
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)
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)