question archive Right after the deal was announced P&G's stock price dropped about 4% to $53
Right after the deal was announced P&G's stock price dropped about 4% to $53
Subject:FinancePrice: Bought3
Right after the deal was announced P&G's stock price dropped about 4% to $53.23. Based on this market price for the acquirer's stock, how much synergy was the market expecting this acquisition to produce (in dollar terms)? And in this scenario, what would the premium have been for Gillette's shareholders selling their firm to P&G?
