What is the highest price per share that tantile corp pay


Problem

Tantile Corp. is analyzing a possible acquisition of Jumble Inc. Tantile Corp has 14 million shares outstanding, which sell for $25 each. Jumble Inc has 7 million shares outstanding, which sell for $17 each. The merger gains are estimated at $21 million. What is the highest price per share that Tantile Corp should be willing to pay to Jumble Inc shareholders?

Request for Solution File

Ask an Expert for Answer!!
Corporate Finance: What is the highest price per share that tantile corp pay
Reference No:- TGS03279715

Expected delivery within 24 Hours