Business, 21.04.2020 19:26 minie66

Cassandra's Boutique has 2,100 shares outstanding at a market price per share of $26. Sally's has 3,000 shares outstanding at a market price of $41 a share. Neither firm has any debt. Sally's is acquiring Cassandra's for $58,000 in cash. The incremental value of the acquisition is $2,000. What is the value of Cassandra's Boutique to Sally's?

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Cassandra's Boutique has 2,100 shares outstanding at a market price per share of $26. Sally's has 3,...