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Hi John
I’m having confusion between the answers given by the examiner regarding the percentage gain per share under method 2 (method ii for June 13).
In the June 13 answers, the examiner uses the acquirer’s (hav Co) current share price ($9.24) as its basis to calculate the premium.
However in the Dec 12 answers the examiner estimates the new share price of the acquirer’s (that is the combined company) share price as its basis.
Kindly help. Thank you very much
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