Answer 1 The merger price at which the shareholders of Hybrid would be agreed is 68.75 per share. Total number of shares outstanding of Hybrid Golf 8 million. It means Birdie has to pay $550 million (68.75*8 million) to the shareholders of Hybrid. The market valuation of Hybrid shows that the value of the firm is equal to $1175.03 million. [pic] [pic] For the calculation of the firm value the WACC is used by considering current debt equity ration ( .50). WACC is calculated as follow
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paints the image of a young bi-racial girl‚ Birdie‚ growing up in the 70’s and 80’s. Her mother is a white‚ blueblood Bostonian woman turned political activist‚ and her father is a black Boston University professor with radical ideas about race. Birdie and her older sister Cole are both bi-racial children‚ but Cole looks more black and Birdie looks more white. The two sisters are separated early in the novel and then the rest of the story focuses on Birdie and how she needs to “pass” as white. Passing is
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a racial battle ground especially for one family the Lees. Birdie Lee ‚a half white half black eight year old girl‚ tells her story of fleeing the racial war and hiding her identity . For over seven years she was on the run and forced into a new identity. At an early age Birdie was confused about her identity since a mixed race child was a social taboo. Forced by her family to live on the road with a new name and background confused Birdie even more. This paper will analyze how the surroundings of
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who you are in the world. For sixty-three years he was married to Aunt Birdie‚ and from all accounts during that time never uttered anything but praise and love for her despite the facts that she had partially blinded him and almost financially ruined him. When he spoke of Aunt Birdie‚ it was with the utmost respect and appreciation for her as his wife‚ and he was quick to come to her defense if anyone ever
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From the moment my father took me to a golf course at the age of 9‚ I knew I had a great passion for the game of golf. I began playing at the club level‚ but soon through perseverance and practice‚ I qualified for the junior trials at the national level. The competition was fierce as it featured the best players from around the country. The trials proved to be daunting since we were expected to play 81 holes over 3 days‚ and I was not off to a great start due to immense pressure. By the second
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Of all the games ever invented by man‚ golf‚ in my opinion‚ is by far the greatest. Golf is different than other games. Golf challenges the mind‚ body‚ and soul. Golf is not a game that is meant to be played against other people or even against the course. It is a game that challenges the individual. It forces a person to make decisions that can lead to a feeling of great accomplishment or to a feeling of hopelessness and despair. To the average person golf may be just a game‚ but to millions of
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Bye Bye Birdie: A play Critique March 24‚ 2016 I attended the play “Bye Bye Birdie” a musical comedy taken from a book written by Michael Steward‚ lyrics by lee Adams and music by Charles Strouse. The manatee players‚ directed and choreographed by Cory Boyas held the performance at the Manatee preforming arts center. This was a local production; curtain time was seven thirty pm‚ and the cost of tickets was Thirteen dollars for students. The play had two acts each an hour and five minutes long with
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Period 1 3 16 14 Bye Bye Birdie Play Review The Saint Joseph’s High School rendition of the 1960 Broadway musical‚ Bye Bye Birdie‚ was a flop. When attempting to put on a show with some “pizzazz” the director‚ Brian Bozanich‚ fell short of the true goal; which was to deliver a message to the audience. The book written by Michael Stewart was originally intended to tell the story of a young rock and roll star who has been drafted into the army but has one last wish‚ to kiss a lucky girl;
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How Hybrid Cars Work A hybrid car is a passenger vehicle that is driven by a hybrid engine‚ which is any engine that combines two or more sources of power‚ generally gasoline and electricity. There are two types of gasoline-electric hybrid cars; the parallel hybrid‚ and the series hybrid. Both use gasoline-electric hybrid technology‚ but in radically different ways. In a parallel hybrid car‚ a gasoline engine and an electric motor work together to move the car forward‚ while in a series hybrid
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Lets face facts‚ golf clubs and golf balls will get dirty after some use‚ weather it be from contact with dirty golf balls or from mud and grass stains the club has picked up from whacking the ball on the fairway. What ever it is‚ your golf clubs will get dirty. Maybe it’s just me but I can’t stand to see my clubs dirty‚ so what I do when I get back from a session of golf is take all the clubs out of my bag that I’ve used an get to work on getting all the dirt an stains off of them. Here’s what I
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