Multiple Choice
The Prad Corporation is considering a merger with the Stone Company which has 400,000 outstanding shares selling for $25.An investment dealer has advised that to succeed in its merger Prad Corp.would have to offer $45 per share for Stones' stock.Prad Corp.stock is selling for $30.How many shares of Prad Corp.stock would have to be exchanged to acquire all of Stones' stock?
A) 266,667 shares
B) 600,000 shares
C) 720,000 shares
D) 800,000 shares
Correct Answer:
Verified
Correct Answer:
Verified
Q58: In the event that Active Corp.,which has
Q59: The write off of goodwill is a
Q60: The advantage of a holding company:<br>A) is
Q61: Which of the following is not a
Q62: The impact on EPS is influenced by
Q64: In light of accounting considerations,the acquiring company
Q64: Synergy is the greatest and most easily
Q65: Most mergers are horizontal in nature in
Q66: Which of the following type of merger
Q68: Which of the following is a form