Pearl, inc., has offered $422 million cash for all of the common stock in jam corporation. based on recent market information, jam is worth $391 million as an independent operation. if the merger makes economic sense for pearl, what is the minimum estimated value of the synergistic benefits from the merger? (enter your answer in dollars, not millions of dollars, e. g., 1,234,567.)

Minimum Synergy gain = Purchase Price – Market Value Purchase Price $357,000,000 – Market Value $319,000,000 = $38,000,000

Minimum estimated value of synergy would be $38,000,000. With the merger, there would be a net gain from the synergy.

Explanation:

Mate i hope this helps sorry if im wrong

i believe the answer is: streets and roads

public property refers to the property that can be used by all legal citizens in a certain country. the public property was created and maintain using the government budget that allocated specifically for it. the budget itself come from the citizen's income tax payment.