Minimum estimated value of the synergistic benefits

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Calculating Synergy

Pearl, Inc., has offered $357 million cash for all of the common stock in Jam Corporation. Based on recent market information, Jam is worth $319 million as an independent operation. If the merger makes economic sense for Pearl, what is the minimum estimated value of the synergistic benefits from the merger?

Please explain or show how you got your answer.

Reference no: EM131857927

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