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Business, 12.05.2021 02:30 cassi35

Aardvark Enterprises has agreed to be acquired by Lawson Products in exchange for $16,000 worth of Lawson Products stock. Lawson has 1,100 shares of stock outstanding at a price of $15 a share. Aardvark has 1,700 shares outstanding with a market value of $21 a share. The incremental value of the acquisition is $3,800. What is the value of Lawson Products after the merger? $51,520 $41,440 $56,000 $49,280 $44,800

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