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Shark Co. is planning to acquire Goldfish Co. by using its own stock. The following information is taken before the acquisition. What will be the total number of outstanding shares after the acquisition? There is no synergy. Hint: consider the market cap of the target company and the stock price of acquirer for the added number of shares. EPS # of shares Stock price O 500,000. 490,000. 550,000. 450,000. 590,000. 400.000 Shark Co. $20.00 400,000 $100 Goldfish Co. $30.00 100,000 $90

Shark Co. is planning to acquire Goldfish Co. by using its own stock. The following information is taken before the acquisition. What will be the total number of outstanding shares after the acquisition? There is no synergy. Hint: consider the market cap of the target company and the stock price of acquirer for the added number of shares. EPS # of shares Stock price O 500,000. 490,000. 550,000. 450,000. 590,000. 400.000 Shark Co. $20.00 400,000 $100 Goldfish Co. $30.00 100,000 $90

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Shark Co. is planning to acquire Goldfish Co. by using its own stock. The following information is taken before the acquisition. What will be the total number of outstanding shares after the acquisition? There is no synergy. Hint: consider the market cap of the target company and the stock price of acquirer for the added number of shares. EPS # of shares Stock price 500,000. 490,000. 550,000. 450,000. 590,000. 400,000. Shark Co. $20.00 400,000 $100 Goldfish Co. $30.00 100,000 $90
Transcribed Image Text:Shark Co. is planning to acquire Goldfish Co. by using its own stock. The following information is taken before the acquisition. What will be the total number of outstanding shares after the acquisition? There is no synergy. Hint: consider the market cap of the target company and the stock price of acquirer for the added number of shares. EPS # of shares Stock price 500,000. 490,000. 550,000. 450,000. 590,000. 400,000. Shark Co. $20.00 400,000 $100 Goldfish Co. $30.00 100,000 $90
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