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| General - Business & Finance General - Business & Finance |
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04-12-2008, 08:25 AM
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| Intro to Finance Question - Acquisition?
Juno's is being acquired Bust for $11,500 of Bust's stock. Juno's has 700 shares of stock outstanding at $13.80 per share. Bust's has 3,500 shares at $27.60 a share. The incremental value of the acquisition is $2,800. What is the value of Juno's to Bust's? a. 9,660 b. 11,500 c. 12,460 d. 14,300      |
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