Your firm is currently valued at $500,000. The firm you are looking to acquire has a value of $200,000, has $25,000 shares of stock outstanding. In order to make this acquisition you plan to offer target shareholders $8.25 per share. The present value of synergies is $36,000. What is the value of the combined firm? (ASKED)
- $493,750
- $529,750
- $578,050
- $736,000
- $876,432