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Business, 29.01.2020 03:41 helpmeplzandty
Mayo corporation is currently trading at $30 per share. there are 10 million shares outstanding, and the company has no debt. you believe that the value of the company would increase by 50% if the management were replaced. how much would you need to offer in total to acquire 50% of mayo's shares?
a. $150 million
b. $10million
c. $100 million
d. $300 million
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