Maggies flowers is acquiring the floral shoppe for 40042 in


The Floral Shoppe and Maggie's Flowers are all-equity firms. The Floral Shoppe has 2,273 shares outstanding at a market price of $15.76 a share. Maggie's Flowers has 5,000 shares outstanding at a price of $17 a share. Maggie's Flowers is acquiring The Floral Shoppe for $40,042 in cash. The incremental value of the acquisition is $2,732. What is the net present value of acquiring The Floral Shoppe to Maggie's Flowers?

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Finance Basics: Maggies flowers is acquiring the floral shoppe for 40042 in
Reference No:- TGS0621194

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