Business, 20.08.2020 23:01, Lilbre6999

Aardvark Enterprises has agreed to be acquired by Lawson Products in exchange for $23,000 worth of Lawson Products stock. Lawson has 1,300 shares of stock outstanding at a price of $15 a share. Aardvark has 1,900 shares outstanding with a market value of $18 a share. The incremental value of the acquisition is $3,400. What is the value of Lawson Products after the merger

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Aardvark Enterprises has agreed to be acquired by Lawson Products in exchange for $23,000 worth of L...