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The Sligo Co.is planning on merging with the Thorton Co.Sligo will pay Thorton's equityholders the current value of their equity in shares of Sligo.Sligo currently has 2,300 shares of equity
Outstanding at a market price of £20 a share.Thorton has 1,800 shares outstanding at a price of £15
A share.How many shares of equity will be outstanding in the merged firm?
Singsong Pattern
A fluctuating, musical way of speaking that can be rhythmic or repetitive, often used for effect or to capture attention.
Affiliation
The association or connection of an individual or organization with another, typically reflecting a relationship of cooperation or membership.
Explanation
Explanation is the process of making something clear or easy to understand by describing or giving details about it.
Ground Rules
Established guidelines or principles that govern behavior and expectations in a specific context or activity.
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