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Luxsoft Corporation is acquiring Molson Company for $2,810,000 in cash. Luxsoft has 150,000 shares of stock...

Luxsoft Corporation is acquiring Molson Company for $2,810,000 in cash. Luxsoft has 150,000 shares of stock outstanding at a market value of $67 a share. Molson has 56,000 shares of stock outstanding at a market price of $43.80 a share. Neither firm has any debt. The net present value of the acquisition is $165,000. What is the price per share of Luxsoft after the acquisition?

$69.30

$68.10

$67.48

$68.72

$67.90
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Answer #1

As per the given options second option is correct i.e $68.10

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