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Prior to a potential merger Ross Co has 4500 shares outstanding at a market price...

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Finance

Prior to a potential merger Ross Co has 4500 shares outstanding at a market price per share of $31. Bulbs Inc has 2,800 shares outstanding at $18 per share. Assume Ross Co has estimated the valueof the synergistic benefits from acquiring Bulb Inc to be $3,500. Nowther firm has outstanding debt. The acquiring firm offered a price of $19.75 per share to the target. If the deal goes through, what is the merger premium?

A) 4900

B) 3500

C) 2800

D) 6125

E) 0

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