Estimated value of the synergistic benefits from the merger

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Holmes, Inc., has offered $626 million cash for all of the common stock in Watson Corporation. Based on recent market information, Watson is worth $603 million as an independent operation. If the merger makes economic sense for Holmes, what is the minimum estimated value of the synergistic benefits from the merger?

A. $11,000,000

B. $23,000,000

C. $25,000,000

D. $15,000,000

Reference no: EM131070507

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