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Business, 22.04.2020 00:50 hwest98

Mayo Corporation is currently trading at $30 per share. There are 10 million shares outstanding, and the company has no debt. You believe that the value of the company would increase by 50% if the management were replaced. How much would you gain from acquiring 50% of Mayo's shares by borrowing, attaching the debt to the company and replacing the management

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Mayo Corporation is currently trading at $30 per share. There are 10 million shares outstanding, and...
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