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grigory [225]
3 years ago
7

cba corp is worth 15 million as a standalone firm. abc corp has offered 350000 shares valued at 50 each to acquire cba. after th

e annoucmen, however, the price of abc shares falls to 45. what is the cost of the merger
Business
1 answer:
Stels [109]3 years ago
8 0

Answer:

$.75 million

Explanation:

Calculation for what is the cost of the merger

Cost of merger= $350,000 ×$45 - ($15 million)

Cost of merger= $15.75 - $15 million

Cost of merger= $.75 million

Therefore the cost of the merger will be $.75 million

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