4. The price of Goodyear stock on the merger date announcement was $13.93 and the number of shares outstanding of cooper Tire was 50.37 million shares. Provide mathematical proof that the merger deal is worth approximately $2.8 billion and that the implied consideration to Cooper shareholders is $54.36 and a 24% premium paid. On Goodyear accounting records in what general ledger account will part of this premium be recognized
4. The price of Goodyear stock on the merger date announcement was $13.93 and the number of shares outstanding of cooper Tire was 50.37 million shares. Provide mathematical proof that the merger deal is worth approximately $2.8 billion and that the implied consideration to Cooper shareholders is $54.36 and a 24% premium paid. On Goodyear accounting records in what general ledger account will part of this premium be recognized
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:4. The price of Goodyear stock on the merger date announcement was $13.93 and the number
of shares outstanding of cooper Tire was 50.37 million shares. Provide mathematical proof that
the merger deal is worth approximately $2.8 billion and that the implied consideration to
Cooper shareholders is $54.36 and a 24% premium paid. On Goodyear accounting records in
what general ledger account will part of this premium be recognized
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