question archive New Tech has a market value of $452,000
New Tech has a market value of $452,000
Subject:FinancePrice:2.87 Bought7
New Tech has a market value of $452,000. Emerson Electrics has 37,000 shares of stock outstanding at a price per share of $21. Emerson Electrics is acquiring New Tech in exchange for 21,500 shares of Emerson Electrics stock. The merger is expected to create $3,000 of synergy. What is the acquisition net present value?
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