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Business, 20.09.2019 01:20 tblynch21

Ginormous oil entered into an agreement to purchase all of the outstanding shares of slick company for $60 per share. the number of outstanding shares at the time of the announcement was 82 million. the book value of liabilities on the balance sheet of slick co. was $1.46 billion. immediately prior to the ginormous oil bid, the shares of slick co. traded at $33 per share. what value did ginormous oil place on the control of slick co.?

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