Waterbury Co. has agreed to be acquired by Ferrier, Inc. for $25,000 worth of Ferrier...

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Finance

Waterbury Co. has agreed to be acquired by Ferrier, Inc. for $25,000 worth of Ferrier stock. Ferrier currently has 1,500 shares of stock outstanding at a price of $21 a share. Waterbury has 1,000 shares outstanding at a price of $22. The incremental value of the acquisition is $4,000. What is the merger premium per share

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