Ginormous oil entered into an agreement to purchase all of the outstanding shares of slick company for $60 per share. the number of outstanding shares at the time of the announcement was 82 million. the book value of liabilities on the balance sheet of slick co. was $1.46 billion. what was the cost of this acquisition to the shareholders of ginormous oil? a. $1.46 billionb. $3.46 billionc. $4.92 billiond. $6.38 billione. $8.38 billionf. none of the above.
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