Estimated value of the synergistic benefits from the merger

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Holmes, Inc., has offered $542 million cash for all of the common stock in Watson Corporation. Based on recent market information, Watson is worth $504 million as an independent operation. If the merger makes economic sense for Holmes, what is the minimum estimated value of the synergistic benefits from the merger?

A. $30 million

B. $38 million

C. $15 million

D. $50 million

Reference no: EM131064626

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