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Online Educ has an EPS of £3, with 14 million shares outstanding

Finance

Online Educ has an EPS of £3, with 14 million shares outstanding. It is thinking of acquiring ClassRoom that has an EPS of £2, with 2 million shares outstanding. Assume that OnlineEduc needs to issue 890,000 stocks to buy ClassRoom. What would be the earnings per share (EPS) after the deal?

Select one:
a. 2.72
b. 3.29
c. 15.92
d. 3.09

Option 1

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