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Firm A is being acquired by Firm B for $38,000 worth of Firm B stock. The antici...
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Firm A is being acquired by Firm B for $38,000 worth of Firm B stock. The anticipated synergy value of the deal is $7,400. Both firms are currently 100% equity-financed. Firm A has 2,500 shares of stock outstanding at a price of $22 a share, and Firm B has 7,400 shares of stock outstanding at a price of $48 a share. What is the price per share after the acquisition?
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