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Calculate the Post-Merger Earnings Per Share If the Exchange Ratio

Question 37

Multiple Choice

Calculate the post-merger earnings per share if the exchange ratio is 0.4 shares of Essex for each share of Twinsburg.(Assume total post-merger earnings are $43,740,000.)


A) $8.10
B) $7.33
C) $7.29
D) $7.42

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