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Business, 28.11.2019 05:31 martinbricein10

Three guys burgers, inc., has offered $18 million for all of the common stock in two guys fries, corp. the current market capitalization of two guys as an independent company is $15.9 million. assume the required return is 8.1 percent and the synergy from the acquisition is a perpetuity.

what is the minimum annual synergy that three guys feels it will gain from the acquisition?

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