Business, 21.04.2020 15:24 SkyThefly

Quantum is planning on merging with Reliant Energy. Quantum currently has 80,000 shares of stock outstanding at a market price of $32.60 a share. Reliant Energy has 50,000 shares outstanding at a price of $24.50 a share. The merger will create $450,000 of synergy. How many of its shares should Quantum offer in exchange for all of Reliant Energy s share if it wants its acquisition cost to be $1,443,000?

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Quantum is planning on merging with Reliant Energy. Quantum currently has 80,000 shares of stock out...

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