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Pursuit Co June 11

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Pursuit Co June 11

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.
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  • November 8, 2019 at 12:51 pm #551825
    sarah06
    Member
    • Topics: 9
    • Replies: 4
    • ☆

    Dear Sir,

    May i know.. how do i get the figure of $52,000 for the net benefit to Pursuit Co shareholders?

    Thank you

    November 8, 2019 at 3:13 pm #551833
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54664
    • ☆☆☆☆☆

    The synergy benefits are $9,074,000 but they are paying a premium for Fodder of $9,022,000. So the difference is $52,000 and this is the benefit to the shareholders of Pursuit.

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