Tom co value of operations is worth 12b after a


Tom Co value of operations is worth $1.2B after a recapitalization. Tom raised $300M in debt to buy back stock.

Tom had no short-term investments before or after the recap. After the recap,Tom co had a wd =.25.

The company had 40M shares before the recap. What is the Tom's current stock price after the recap?

 

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Tom co value of operations is worth 12b after a
Reference No:- TGS0634888

Expected delivery within 24 Hours