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Calculate the Offer Price Per Share Given the Following Details

Question 7

Multiple Choice

Calculate the offer price per share given the following details:

Transaction Details:
AcquirerCo agreed to buy TargetCo with a mix of cash and AcquirerCo stock.TargetCo stockholders will receive $5.00 in cash and one share of AcquirerCo common stock for every two shares of TargetCo stock.AcquirerCo's share price closed at $30.00 a day prior to the announcement.


A) $15.00
B) $35.00
C) $25.00
D) $20.00

Correct Answer:

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