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Louie Inc and Dewie Inc are listed companies.
Louie has made an offer to acquire all the shares of Dewie. The offer price is 5 new shares in Louie for every 3 shares in Dewie. What is the premium in the price offered to the shareholders of Dewie Inc? A. 14.3%. B. 20.0%. C. 4.7%. D. 14.6%. |