UPENN: LOOSE LEAF CORP.FIN W/CONNECT
UPENN: LOOSE LEAF CORP.FIN W/CONNECT
17th Edition
ISBN: 9781260361278
Author: Ross
Publisher: McGraw-Hill Publishing Co.
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Chapter 29, Problem 4MC
Summary Introduction

To calculate: The exchange ratio.

Merger:

Merger is the combination of two entities into one in which shareholders of both the companies merge their resources into new company. Merger is basically the result of combining two or more companies into one.

Exchange Ratio:

Exchange ratio is a ratio that is used to find out the number of shares issued of the merged company to the shareholders of targeted company in exchange of their share in the target company.

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