Acquiring Corp. is considering a takeover of Takeover Target Inc. Acquiring has 10 million shares outstanding, which sell for 40 DOLLAR each. Takeover Target has 5 million shares outstanding, which sell for 20 DOLLAR each. If the merger gains are estimated at 20 million DOLLAR, what is the highest price per share that Acquiring should be willing to pay to Takeover Target shareholders? | Numerade
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