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Business, 26.08.2021 19:30 bri9263

Jay's has a market value of $3,600 and believes that if it acquires Benny's in a stock transaction, the combination of the new firm will be worth $6,000, given the expected synergy of $200. If Jay's wants to keep 75 percent of the synergy for itself, what should be the value of the stock it issues to Benny's

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