a)
To determine: The number of share C Company has to issue to make the proposed merger.
Introduction:
Grouping of two or more companies and the identity of one company is taken by the resulting company is termed as mergers. Merger is where a large firm mergers the small firms.
b)
To determine: The post-merger earnings per share.
Introduction:
Grouping of two or more companies and the identity of one company is taken by the resulting company is termed as mergers. Merger is where a large firm mergers the small firms.
c)
To determine: The earnings earned on the behalf of the original shares of L Company.
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