The shareholders of Snoopy Company have voted in favor of a buyout offer from Peanuts...
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The shareholders of Snoopy Company have voted in favor of a buyout offer from Peanuts Corporation. Information about each firm is given here: Snoopy 9.9 Peanuts 30 Price-earnings ratio Shares outstanding Earnings 99,000 300,000 $250,000 $750,000 Snoopy's shareholders will receive one share of Peanuts stock for every three shares they hold in Snoopy. What will the EPS of Peanuts be after the merger? (Do not round intermediate a-1. calculations and round your answer to 3 decimal places, e.g., 32.161.) What will the PE ratio be if the NPV of the acquisition is zero? (Do not round a-2. intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) EPS a-1. |a-2. PE
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