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What is the negotiated acquisition value of howard brothers

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Reference no: EM132965990

Weir Industries has negotiated an acquisition to purchase all of the outstanding common shares of Howard Brothers Capital. The company will exchange shares of its common stock for shares of Howard Brothers.

  • The offer price for Howard Brothers Capital is $49.50 per share
  • Weir Industries current share price is $52.75 per share
  • Howard Brothers Capital has 2 million common shares outstanding
  • Weir Industries has 10 million common shares outstanding
  • The companies have agreed to a ?xed share exchange ratio

Problem 1: Using the information provided on Weir Industries and its acquisition of Howard Brothers Capital, what is the negotiated acquisition value of Howard Brothers Capital?

A. $90,450,000

B. $81,000,000

C. $405,000,000

D. $122,500,000

E. $105,440,000

Reference no: EM132965990

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