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Jackson C (JC). is being acquired by Sampson Security (SS) for$61,676 worth of SS stock. T

Jackson C (JC). is being acquired by Sampson Security (SS) for$61,676 worth of SS stock. T

Jackson C (JC). is being acquired by Sampson Security (SS) for$61,676 worth of SS stock. The incremental value of the acquisitionis $5,600. JC has 2,942 shares of stock outstanding at a price of$20 a share. SS has 3,441 shares of stock outstanding at a price of$36 a share. What is the actual cost of the acquisition usingcompany stock?

Abhinav 04-Dec-2019

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