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Zeke Industries is considering the acquisition of Tammy Inc. in a stock-for-stock exchange. Assume no immediate synergistic benefits are expected. Selected financial data on the two companies are shown below:
Zeke. Tammy
Sales (millions) $480. $90Net income (millions) $38 $10.4Common shares outstanding (millions) 10 2.1Earnings per share $3.80. $4.95Common stock (price per share) $45.60 $74.25
Problem 1: Calculate Zeke's postmerger EPS if the Tammy shareholders accept an offer of $95.76 a share in a stock-for-stock exchange.
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question 1the following transactions as well as events occurred in lanesburg township in 20x71- the township meeting
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