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Bob's Bait Shop has 1,200 shares outstanding at a market price per share of $13....
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Bob's Bait Shop has 1,200 shares outstanding at a market price per share of $13. Ed's Fish Shop has 2,800 shares outstanding at a market price of $29 a share. Neither firm has any debt. Ed's Fish Shop is acquiring Bob's Bait Shop for $19,500 in cash. What is the merger premium per share?
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