Moore industries has agreed to be acquired by scott, Financial Management

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Moore industries has agreed to be acquired by scott

Moore Industries has agreed to be acquired by Scott Enterprises for $23,137 worth of Scott Enterprises stock. Scott Enterprises currently has 7,479 shares of stock outstanding at a price of $27.53 a share. Moore Industries has 1,886 shares outstanding at a price of $12.51 a share. The incremental value of the acquisition is $1,097. What is the value per share of Scott Enterprises stock after the acquisition?

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Financial Management: Moore industries has agreed to be acquired by scott

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