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Firm B's one million shares of stock currently sell for $12 each, but Firm A is preparing an $18 per share tender offer.Firm A estimates the gain of the merger to be $6 million.What percentage of the merger gains will be captured by B's stockholders?
Polymer
A large molecule composed of repeating structural units, typically connected by covalent chemical bonds, found in many materials and biological systems.
Vascular Plants
Plants that have specialized tissues (xylem and phloem) for transporting water, nutrients, and sugars throughout the organism.
Angiosperms
The traditional name for flowering plants, a very large (more than 300,000 species), diverse phylum of plants that form flowers for sexual reproduction and produce seeds enclosed in fruits; include monocots and eudicots.
Gymnosperms
Gymnosperms are a group of seed-producing plants that includes conifers, cycads, Ginkgo, and gnetophytes, distinguished from flowering plants by having naked seeds.
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