What will the eps of potter be after the merger

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Reference no: EM13946840

The shareholders of Harry Company have voted in favor of a buyout offer from Potter Corporation. Harry has a P/E ratio of 6.35, 71,000 shares outstanding, and earnings of $239,000. Potter has a P/E ratio of 12.70, 132,000 shares outstanding, and earnings of $742,000. Harry's shareholders will receive one share of Potter stock for every three shares they hold in Harry. What will the EPS of Potter be after the merger?

Reference no: EM13946840

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