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Jinga Ltd has 8,700 shares of stock outstanding at a market price per share of $19.50. Monopoly Co has 42,000 shares out
Posted: Tue Jan 18, 2022 1:02 pm
by answerhappygod
- Jinga Ltd Has 8 700 Shares Of Stock Outstanding At A Market Price Per Share Of 19 50 Monopoly Co Has 42 000 Shares Out 1 (15.59 KiB) Viewed 124 times
Jinga Ltd has 8,700 shares of stock outstanding at a market price per share of $19.50. Monopoly Co has 42,000 shares outstanding that sell for $46 a share. By merging, $7,000 of synergy can be created. Monopoly Co is acquiring Jinga Ltd for $142,600 worth of Monopoly Co stock. What is the postmerger value per share?