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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