Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Popco Enterprises can acquire Stripes, Inc for $250,000 in either cash or stock

Popco Enterprises can acquire Stripes, Inc for $250,000 in either cash or stock

Business

Popco Enterprises can acquire Stripes, Inc for $250,000 in either cash or stock. Both companies are 100% equity financed. The synergy value of the acquisition for Popco is $35,000. Currently Popco has 25,000 shares outstanding which trade at $40 a share, whereas Stripes has 15,000 shares outstanding that trade at $14 a share. How many shares would be given to Stripes' shareholders in a stock-financed deal?

M3

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE