Business, 28.05.2020 05:00 jjones9250

Sue's Bakery is planning on merging with Ted's Deli. Sue's will pay Ted's shareholders the current value of their stock in shares of Sue's Bakery. Sue's currently has 6,500 shares of stock outstanding at a market price of $26 a share. Ted's has 2,300 shares outstanding at a price of $18 a share. What is the value of the merged firm if the synergy created by the merger is $3,200

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Sue's Bakery is planning on merging with Ted's Deli. Sue's will pay Ted's shareholders the current v...

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