Figure 2. Price frame (range) with possible outcomes (Source: Adjusted after Brigham and Houston [12])

From

Economic Analysis of Takeovers and Mergers and the Evaluation of Takeover Bids

Vladimir Bukvič

International Journal of Econometrics and Financial Management. 2022, 10(1), 1-12 doi:10.12691/ijefm-10-1-1