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Business, 14.04.2020 15:45 yeen01

Dye Trucking raised $290 million in new debt and used this to buy back stock. After the recap, Dye's stock price is $7. If Dye had 60 million shares of stock before the recap, how many shares does it have after the recap? Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10.55. Do not round intermediate calculations. Round your answer to two decimal places.

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Dye Trucking raised $290 million in new debt and used this to buy back stock. After the recap, Dye's...

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