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What is the amount american will buy sun country for

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Reference no: EM132987150

Consider the following scenario. This is not factual. This is a scenario. American Airlines is considering purchasing Sun Country Airlines. Sun Country has indicated they are willing to sell the organization for a discounted premium amount. After months of discussion, the discounted premium amount has ranged from eight to twenty-two percent. Two weeks ago, American Airlines agreed to purchase Sun Country Airlines for the discounted premium amount of twelve percent. Currently, Sun Country Airline's stock price is $14, and they have 12,200,000 shares of outstanding stock. Based on the data provided, what is the amount American will buy Sun Country for? Show the Calculations.

Reference no: EM132987150

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