Solution-Find exchange ratio of taggart

Find exchange ratio of taggart

Reference no: EM132688906

Taggart Transcontinental and Phoenix-Durango have entered into a stock swap merger agreement whereby Taggart will pay a 30% premium over Phoenix-Durango's pre-merger price. If Taggart's pre-merger price per share was $15 and Phoenix-Durango's was $30, then the exchange ratio that Taggart will offer is? Calculation septs?

Reference no: EM132688906

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Find exchange ratio of taggart : Taggart Transcontinental and Phoenix-Durango have entered into a stock swap merger agreement whereby Taggart will pay a 30% premium over Phoenix-Durango's pre-m

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Find exchange ratio of taggart

Reference no: EM132688906

Reference no: EM132688906

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