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Harrods PLC has a market value of 124 million and 6 million shares outstanding. Selfridge Department Store has a market value of 34 million and 2...

Harrods PLC has a market value of £124 million and 6 million shares outstanding. Selfridge Department Store has a market value of £34 million and 2 million shares outstanding. Harrods is contemplating acquiring Selfridge. Harrods's CFO concludes that the combined firm with synergy will be worth £173 million and Selfridge can be acquired at a premium of £10 million.

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