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TJ's and Corner Grocery are all-equity firms. TJ's has 2,500 shares outstanding at a market price of $16.70 a share. Corner Grocery has 3,000 shares outstanding at a price of $22.50 a share. Corner Grocery is acquiring TJ's for $45,000 in cash. What is the merger premium per share?
Tay-Sachs Disease
A genetic disorder that results in the destruction of nerve cells in the brain and spinal cord.
Meningitis Vaccination
A vaccine given to protect against meningitis, an inflammation of the membranes surrounding the brain and spinal cord, caused by infection.
Untreated Meningitis
A serious and potentially life-threatening condition when the inflammation of the protective membranes covering the brain and spinal cord is not medically addressed.
Encephalitis
An inflammation of the brain, often caused by an infection, leading to symptoms such as fever, confusion, seizures, and headaches.
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