AcquirerCo agreed to buy TargetCo with a mix of cash and AcquirerCo stock. TargetCo stockholders...
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AcquirerCo agreed to buy TargetCo with a mix of cash and AcquirerCo stock. TargetCo stockholders will receive $5.00 in cash for each TargetCo share. In addition, 3 shares of AcquirerCo stock will be given to TargetCo for every 2 shares of TargetCo stock. AcquirerCo's share price closed at $18.00 a day prior to the announcement. What is the offer price? (10 Points) A. 12 B. 17 C. 27 D. 32
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